Fed’s Waller: Makes no comments on economy or monetary policy outlook

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 systems
• Fed 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 inefficiencies
• Still 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.