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Remarks on the Outlook, Monetary Policy, and Supporting a Vibrant Economy
The following topics were covered: 1) financial stability; 2) monetary policy and the macroeconomic outlook; 3) financial infrastructure and payments services; and 4) community economic development and opportunity.
FedNow: A Once-in-a-Generation Payments Innovation for the Fed
Kathy O’Neill Paese, St. Louis Fed interim president and CEO, shares her perspectives on FedNow, the Federal Reserve’s new instant payments system.