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<p><span>Thank you, Mike, for the introduction. It is a privilege for me to address fellow macroeconomic forecasters, and I thought an appropriate subject would be the challenge of forecasting during the pandemic. </span><span>First, a few remarks about my outlook. Then I will discuss some lessons learned from the pandemic—lessons about the economy s response to this unprecedented event relative to what forecasters, including myself, first thought.</span></p> ....