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		| Christopher David Cotton | 
	
		| Federal Reserve Bank of Boston | 
	
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		| Federal Reserve Bank of Boston | 
	
		| 600 Atlantic Ave | 
	
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		| Boston, MA 02210 | 
	
		| USA | 
	
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		| christopher.cotton@bos.frb.org | 
	
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		| cdcotton.com | 
	
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		| JEL Areas: E4 : Money and Interest Rates: General
 E3 : Prices, Business Fluctuations, and Cycles: General (includes Measurement and Data)
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