Mr Meyer discusses the euro in the international financial system Remarks by Mr Laurence H Meyer, a member of the Board of Governors of the US Federal Reserve System, at the European Institute’s Conference “Challenges to the European Millennium”, in Washington, DC on 26 April 1999.
I am very pleased to be here today with such a distinguished group of European officials to speak about the monetary adventure that commenced in Europe earlier this year. These are challenging days for policymakers, with or without a new currency to worry about. Our task today is to celebrate and speculate.