![President Jeffrey M. Lacker - Federal Reserve Bank of Richmond show](https://d3dthqtvwic6y7.cloudfront.net/podcast-covers/000/043/542/small/president-jeffrey-m-lacker-federal-reserve-bank-of-richmond.jpg)
Summary: Thank you very much, Henry. It's a pleasure to return to Charlotte again at the end of the year to discuss the economic outlook.1 I'll begin by discussing current conditions in a bit more detail, before going on to discuss the outlook for the coming year. Before we begin though, let me note that the usual disclaimer applies – the views I express are my own and are not necessarily shared by any of my colleagues on the Federal Open Market Committee.