Fed seeking comment on supporting real-time gross settlement: Brainard

FAN Editor 6 years ago
FILE PHOTO: Federal Reserve Board Governor Lael Brainard speaks at the John F. Kennedy School of Government at Harvard University in Cambridge
FILE PHOTO: Federal Reserve Board Governor Lael Brainard speaks at the John F. Kennedy School of Government at Harvard University in Cambridge, Massachusetts, U.S., March 1, 2017. REUTERS/Brian Snyder/File Photo

October 3, 2018

(Reuters) – The U.S. Federal Reserve is seeking public comment on steps it could take to support real-time gross settlement of payments between banks, Fed Governor Lael Brainard said on Wednesday in prepared remarks to a forum in Chicago that did not address the outlook for monetary policy.

(Reporting by Jason Lange in Washington; Editing by Andrea Ricci)

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