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Jerome Powell Notes that Federal Reserve Has No Plans for a Central Bank Digital Currency
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Jerome Powell Notes that Federal Reserve Has No Plans for a Central Bank Digital Currency
The Federal Reserve has explicitly stated it has no plans to issue or develop a central bank digital currency (CBDC), often referred to as a digital dollar. This position aligns with longstanding caution from the Fed, reinforced in 2025–2026 under Chair Jerome Powell. The Fed’s 2022 discussion paper Money and Payments explored potential benefits and […] The post Jerome Powell Notes that Federal Reserve Has No Plans for a Central Bank Digital Cur…
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