The U.S. financial system's computers will hum along undisturbed when the new year starts, a Federal Reserve bank president told business leaders Thursday.

"The probabilities are very high that on Jan. 1, 2000, nothing very unusual is going to happen," said Robert T. Parry, president of the Federal Reserve Bank of San Francisco. "The financial services you've come to rely on -- checks, ATMs, debit cards, direct payments, and direct deposit, for example -- will operate normally.

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