Speech by Jamie Stewart of the New York Fed Bank

SPEECH - In the speech Stewart talks about shocks to the payments system resulting from 11 September. He calls the events 'unprecedented challenges to the operation of the payments system'.

Remarks by Jamie B Stewart JR, First Vice President and Chief Operating Officer at the Federal Reserve Bank of New York before the Puerto Rico Bankers Association, Puerto Rico, 5 February.

Good afternoon, ladies and gentlemen. I am delighted to join you this afternoon for this meeting of the Puerto Rico

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