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US Federal Reserve Vice Chairman Stanley Fischer, At The "Policy Challenges In An Interconnected World" 32nd Annual National Association For Business Economics Economic Policy Conference, Washington, D.C., March 7, 2016, Reflections On Macroeconomics Then And Now

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I am grateful to the National Association for Business Economics (NABE) for conferring the fourth annual NABE Paul A. Volcker Lifetime Achievement Award for Economic Policy on me, thereby allowing me the honor of following in the footsteps of Paul Volcker, Jean-Claude Trichet, and Alice Rivlin.1 The honor of receiving the award is enhanced by its bearing the name of Paul Volcker, a model citizen and public servant, and a giant in every sense among central bankers.

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