Fed’s Waller is speaking but makes no comment on monetary or economic policy in his prepared remarks.
He does say:
private sector best suited to innovate on payment systemsFed ready to support private innovation, mindful of financial stability.Government should have clear objective when providing financial services.There are times when government can address market inefficienciesStill does not see case for Fed digital dollar
Perhaps he will comment on monetary policy/the economy in a Q&A later.
Looking ahead at
10:15 AM ET, Richmond and President Barkin is speaking (he speaks at 5:30 PM ET as well). 2 PM, Minneapolis Fed Pres. Kashkari speaking and at 5 PM Philadelphia Fed Pres. Harker is scheduled to speak
This article was written by Greg Michalowski at www.forexlive.com.
