Fed’s Barr: Stablecoins Unlikely To Have Bearing On Monetary Policy

FED GOV WALLER Q&A/CFR: NOTHING WRONG WITH FOMC DISSENTS; THEY DON'T REFLECT LOSS OF FAITH IN THE CHAIRMAN; NEED VARYING VIEWS #Waller #FederalReserve #economy FED GOV WALLER Q&A/CFR: CUTS IN IMMIGRANT LABOR MASKING SOFTENING OF LABOR DEMAND; NEVER SEEN BEFORE FALL IN LABOR SUPPLY AND DEMAND; 'WEIRD' #Waller #FederalReserve #economy Fed's Waller: Next Fed balance sheet issue is composition of balance sheet. Fed's Waller: Policy more restrictive for some groups than others. FED'S WALLER: WOULD BE GOOD FOR FED TO REFRAIN FROM LONG RUN FORECASTS

Fed's Miran: US economy is in a pretty good place. Fed's Miran: Monetary policy too tight. Fed's Miran: The longer policy stays restrictive, greater the downside. Miran Says 25 Basis Point Cuts Are Causing a Slower-than-Needed Adjustment Process Fed's Miran: The risks that emerged in this last week add urgency to the need to cut rates.

Thank you for the opportunity to speak to you today. Payments innovation is accelerating. Stablecoins, artificial intelligence (AI), real-time payments, and richer payment ...