Good afternoon. I thank the Ohio Bankers League for inviting me to participate in this year’s economic summit. It is a pleasure to have the opportunity to speak with so many leaders from the state’s banking community. I’m glad to be here with my colleague Steve Jenkins, whom many of you know well and who will be speaking later today. It is also great to be in Columbus, where it seems as if the euphoria from The Ohio State University’s national championship isn’t going to wear off any time soon. Today, I will share my views on the outlook for the U.S. economy and monetary policy in 2015. Given the important role financial institutions play in the economy, I also want to offer some perspectives on banking supervision and regulation. Of course, the views I’ll present today are my own and not necessarily those of the Federal Reserve System or my colleagues on the Federal Open Market Committee.
