Speech by Ms Michelle W Bowman, Member of the Board of Governors of the Federal Reserve System, at the South Carolina Bankers Association 2024 Community Bankers Conference, Columbia, South Carolina, 8 December 2024.

Speech by Sir Jon Cunliffe, Deputy Governor for Financial Stability of the Bank of England, at the Economics of Payments XII Conference, hosted by the Federal Reserve Board, Washington DC, 26 October 2023.

Speech by Mr Christopher J Waller, Member of the Board of Governors of the Federal Reserve System, at the "Beyond the Numbers" conference

Speech by Ms Michelle W Bowman, Member of the Board of Governors of the Federal Reserve System, at the New York Bankers Association's Financial Services Forum, Palm Beach, Florida, 9 November 2023.

Speech by Mr Philip N Jefferson, Member of the Board of Governors of the Federal Reserve System, at the "Beyond the Business Cycle: Adapting to a New Global Paradigm" 65th Annual Meeting of the National Association for Business Economics, Dallas, Texas, 9 October 2023.

Anti-Financial-Crime and Compliance controls

The US Federal Reserve and a group of major financial institutions will launch a 12-week digital dollar pilot program, months after US lawmakers called for the government to join a digital-asset "space race" to compete with China - a frontrunner in promoting the use of the digital yuan both at home and abroad.

A flurry of optimism prevailed on global markets ahead of the US Federal Reserve's announcement of its interest rate hike decisions for November, with markets anticipating that the pace of the hikes will ease next year given dismal economic data in the US.

The Federal Reserve Bank of New York’s New York Innovation Center (NYIC) and the Monetary Authority of Singapore (MAS) today announced Project Cedar Phase II x Ubin+, a joint experiment to investigate how wholesale central bank digital currencies (wCBDCs) could improve the efficiency of cross-border wholesale payments involving multiple currencies.

The Federal Open Market Committee (FOMC) of the Federal Reserve (the Fed) announced a rate hike of 75 basis points at the early hours today (Hong Kong time) after its two-day meeting, raising the target range for the federal funds rate to 3.75-4%. The HKMA has adjusted the Base Rate upward by 75 basis points to 4.25% according to the established mechanism with immediate effect.

Speech by Mr Christopher J Waller, Member of the Board of Governors of the Federal Reserve System, at the symposium "Digital Currencies and National Security Tradeoffs".

The US Federal Open Market Committee (FOMC) meeting outcome reflected that the Federal Reserve (Fed) needs to keep inflation within the target within the next two years, which triggered its counterparts to accelerate policy rate hikes.