The Fed will not likely be entering the CBDC game. Powell keeps pushing the rhetoric about it to buy time.
Most of the rest of the world will beat the Fed to it.
CBDC help politicians more than the Central Banks.
Posted Using LeoFinance Beta
You are viewing a single comment's thread from:
You are probably right, their "research" paper may be just a stall and an attempt to look like they are doing something.
Posted Using LeoFinance Beta
Powell is very good at playing the PR game and tossing the rhetoric out there. He knows how to handle the markets and the politicians.
I think the talk of tapering is just a stall tactic. He is not going to even think about it until he gets another term. Tapering will have adverse market effects, hindering him being reappointed.
Posted Using LeoFinance Beta