 So I'm going to take that as a great opportunity to talk a little bit about the economy and then talk about where that leaves us with policy. So I would just start by saying that the U.S. economy has performed really remarkably well over the last couple of years. 2023 last year was a year in which the economy grew well above 3%. The labor market remained very strong. Unemployment remained very low. And inflation came down at quite a sharp pace, particularly in the second half of the year.