3 Improving and interlinking existing infrastructures But before we leap into the future, let's stay in the present. Faster payments are becoming a reality in many countries. With this development, payments around the clock, on every day of the year, may become the new norm. This could also warrant changes in the business hours of RTGS systems.
In the projections prepared for our June meeting, most FOMC participants anticipated that economic conditions would evolve over time in a way that will warrant gradual increases in the federal funds rate as the headwinds that still restrain real activity continue to diminish and inflation rises.