Federal Reserve System Takes First Step Toward Creating Its Own Digital Currency
While the Paper examines the potential benefits and risks of a U.S. CBDC, it is not intended to advance any specific policy outcome, nor is it intended to signal that the Fed will make any imminent decisions about the appropriateness of issuing a U.S. CBDC. However, the Paper undoubtedly is the Fed’s first step toward central bank digital currencies via a public discussion with its stakeholders.
Fed Actions and Statements This Week Indicate Major Risk of Near-Term Economic Downturn! – Numismatic NewsNumismatic News
— Read on www.numismaticnews.net/article/fed-actions-and-statements-this-week-indicate-major-risk-of-near-term-economic-downturn
The Federal Reserve on Wednesday sold another $75 billion in market repurchase agreements, or repos, in a continued effort to calm money markets and bring…
— Read on markets.businessinsider.com/news/stocks/fed-repo-pumps-75-billion-into-market-continuing-injection-streak-2019-9-1028553196
Two Fed Regional Chiefs Say a July Rate Cut May Not Be Warranted
— Read on www.bloomberg.com/amp/news/articles/2019-07-11/two-fed-regional-chiefs-say-july-rate-cut-may-not-be-warranted
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