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A Hopeless And Imperative Endeavor: Lessons From The Pandemic For Economic Forecasters, Federal Reserve Governor Christopher J. Waller At The Forecasters Club Of New York, New York, New York

<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.&nbsp;</span><span>First, a few remarks about my outlook. Then I will discuss some lessons learned from the pandemic&mdash;lessons about the economy s response to this unprecedented event relative to what forecasters, including myself, first thought.</span></p> ....

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Between The Hither And The Farther Shore: Thoughts On Unfinished Business - Federal Reserve Governor Randal K. Quarles, At The American Enterprise Institute, Washington, D.C.

<p><span>When I joined the Board of Governors as Vice Chair for Supervision in the fall of 2017, the Federal Reserve was in the latter stages of a decade-long effort to build a new financial regulatory framework, responding to the financial crisis of 2008. Yet, although the mortar was not yet dry on that construction project&mdash;based on the blueprint created by Congress, central banks, and supervisors around the world&mdash;there was already broad recognition across the political spectrum that the framework could be improved upon, based on the experience of how it had worked over the decade of its implementation. That was the judgement of the authors of the post-crisis blueprint, former Senator Chris Dodd and former Congressman Barney Frank.</span><span>&nbsp;It was also the recommendation of one of my predecessors at the Fed, Dan Tarullo&mdash;a principal architect of this framework&mdash;who, in his final speech as a Fed governor, propos ....

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