The Federal Reserve expects normal processing for Fedwire this afternoon

Says it was a operational problem

The Federal Reserve says that he expects to resume normal processing for Fedwire, national settlement service this afternoon. They add:

• It is still process of restarting the Fedwire services national settlement services
• It plans to extend cut off times for Fedwire securities service. May also extend cut off times for national settlement service and Fedwire funds service

There seems not to be a nefarious reason for the problems, as the Fed describes the outage as an "operational problem".