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"We need to take more measures to centralize our operations into national business lines and move away from the model where individual Reserve Banks manage operational infrastructure from a 'bank mindset' rather than a 'system mindset'," Waller said in prepared remarks at a Brookings Institution event in Washington. Since officials are currently in the blackout period ahead of next week's monetary policy meeting, Waller did not comment on the economic outlook or interest rates.

NYMEX May natural gas futures closed at $2.6970 per million British thermal units. NYMEX May gasoline futures closed at $3.2098 per gallon, and NYMEX May heating oil futures closed at $3.7288 per gallon.

Deutsche Telekom is currently the largest shareholder of a certain exchange, holding approximately 53% of the shares. The German operator has been discussing the idea of creating a new holding company, which will launch a takeover bid for the shares of both Deutsche Telekom and the exchange. Expand