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Fed paper seems at potential results of CBDC on financial coverage
On Tuesday, america Federal Reserve launched a research on the potential results of a retail central financial institution digital foreign money (CBDC) on U.S. financial coverage implementation. The research, dated April, was a workers working paper titled “Retail CBDC and U.S. Financial Coverage Implementation: A Stylized Stability Sheet Evaluation.”
The paper thought-about 4 situations that illustrate the potential results of a retail CBDC on financial coverage from the angle of three stakeholder teams: the Fed, industrial banks and U.S. households.
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