Thank you, Greg, for that introduction, and thank you, Julia, for inviting me to speak today. Good morning and welcome to Dallas and the Eleventh Federal Reserve District. It was great to see so many of you at last night’s reception and personally welcome you to the region. As some of you may know, I am proud to have Pia Orrenius, who is just completing her service as a NABE director, and Roberto Coronado, who is starting his term as a director, on my leadership team at the Dallas Fed. Two of our former research directors, Harvey Rosenblum and Mine Yücel, have served as president of NABE. Together with my colleagues, ... (full story)