U.S. Payment System Improvement and the Federal Reserve 11.18.15 Loretta J. Mester The Clearing House Annual Conference, New York, NY

Loretta Mester

No 64, Speech from Federal Reserve Bank of Cleveland

Abstract: Good morning. As the central bank of the United States, the Federal Reserve has a strong interest in fostering a well-functioning payment system. In my brief time this morning, I will answer three broad questions about the collaborative initiatives being led by the Federal Reserve working with private-sector stakeholders. These initiatives are aimed at improving the U.S. payment system?s speed, efficiency, access, and security. As always, the views I?ll present today are my own and not necessarily those of the Federal Reserve System or my colleagues on the Federal Open Market Committee

Pages: 7 pages
Date: 2015-11-19
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