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Fed’s Bowman doubts benefit of CBDC
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Banking, Emerging Technology, Financial Stability
Friday, April 21, 2023
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In a speech at the Georgetown University McDonough School of Business Psaros Center for Financial Markets and Policy, Federal Reserve Governor Michelle Bowman discussed the topic of a U.S.-produced central bank digital currency (CBDC). Though she acknowledged some benefits to a U.S. CBDC, Bowman expressed skepticism towards the concept.
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