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27 February 2021

Federal Reserve Chair Calls Digital Dollar "High Priority" | Crypto Briefing

Federal Reserve Chair Calls Digital Dollar "High Priority" | Crypto Briefing


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Federal Reserve Chair Calls Digital Dollar "High Priority".

23, Federal Reserve chair Jerome Powell said that developing a digital dollar for the United States is a “high priority.”.

In the past, Powell has said that the Federal Reserve is considering a digital dollar or central bank digital currency (CBDC).

Powell additionally stated that the Federal Reserve will continue to keep economic policies accommodative—that is, designed to stimulate activity through low interest rates.

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