The U.S. does not want cash to go extinct in the presence of a CBDC, according to the Fed’s chairman.
Category: Federal Reserve
Auto Added by WPeMatico
Longstanding sagas in crypto saw major plot development and even a conclusion or two in this week’s newsletter.
Jerome Powell added that the Federal Reserve needs to consider the health of other markets when creating a digital currency.
The job listing follows comments made by Fed Chair Jerome Powell in recent weeks where he said the central bank […]
The cryptocurrency was designed to counter the harms of inflation, but is this really such a big issue?
The central bank doesn’t want to pull back asset purchases just yet, Powell said Wednesday.
Comments from Fed chair Jerome Powell could tell bitcoiners how committed the central bank is to staying the course on […]
The Senate Committee on Finance backed Yellen’s nomination in a show of bipartisan support.
A side effect of the Fed’s medicine for the pandemic-stricken U.S. economy was to create conditions ideal for the rise […]
A CBDC is a central bank digital currency, a new type of money governments are experimenting with that often has […]