Payments in the age of AI agents
What changed vs prior statement
- 01No material change in policy stance vs prior statement.
- 02Language essentially preserved across key themes of economic outlook and monetary policy.
- 03Vote split: No vote-record change.
From the original
Speech by Mr Christopher J Waller, Member of the Board of Governors of the Federal Reserve System, at Sibos 2026, Miami, Florida, 29 September 2026.
Related speeches
4 itemsChristopher J Waller: Modernising Federal Reserve operations in the 21st century
The desk believes that the Federal Reserve's modernization efforts, as articulated by Christopher J. Waller, will enhance operational efficiency and influence market dynamics. Per the full note [source], Waller emphasized the necessity for the Fed to adapt its tools and frameworks to better align with contemporary economic realities. This modernization is expected to impact liquidity management and interest rate transmission mechanisms, which could lead to a stronger dollar in the medium term. Our consensus target reflects a cautious optimism about these developments, particularly in light of the Fed's evolving stance on monetary policy.