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Fed’s Beth Hammack Expresses Confidence in Balanced Economic Approach Amid Inflation Concerns

Federal Reserve Bank of Cleveland President Beth Hammack emphasizes the Fed’s careful balancing of inflation control and economic stability, highlighting

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NewsDesk Milli Chronicle October 22, 2025October 22, 2025 banking access, banking modernization, banking services, central bank innovation, Christopher Waller, digital finance, digital payments, Fed discount window, Fed payment services, Federal Reserve, FedNow, financial ecosystem, financial inclusion, financial innovation, financial modernization, financial stability, financial system modernization, financial technology, fintech access, fintech integration, fintech regulation, instant payments, monetary policy, nonbank firms, payment account, payment industry, payment infrastructure, payment networks, payment reform, payment technology, real-time payments, regulatory oversight, secure payments, streamlined accounts, U.S. banking, U.S. central bank, U.S. economy, U.S. payments system

Federal Reserve Explores New Streamlined “Payment Account” for Nonbank Firms

Washington – The U.S. Federal Reserve is exploring the idea of creating a new type of account that would give

Fed Eyes New Era in Payments: Waller Champions ‘Streamlined Payment Accounts’ for a Modern Economy

Federal Reserve Governor Christopher Waller unveils a visionary plan to open up the U.S. payment system — blending innovation, access,