Central Banking

Roger Ferguson at the Bank of Philadelphia

SPEECH - Remarks by Vice Chairman of the Federal Reserve Board Roger Ferguson at the Federal Reserve Bank of Philadelphia, Pennsylvania on 4 September.

The Evolving Financial and Payment System

I am pleased to be with you this evening and I would like to thank Tony Santomero for inviting me to share a few thoughts with you about my recent work on financial sector consolidation and payment system issues. Changes in technology, business needs, and regulation are affecting both of these areas in

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