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tldr; The US Federal Reserve has released a study on the possible effects of a retail central bank digital currency (CBDC) on monetary policy implementation. The study considered four scenarios that illustrate the potential effects of the retail CBDC. The first scenario involved exchanging cash for CBDC, which affected the categorization of assets at the Fed and in the household involved, but had no effects on policy.
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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News Source: www.reddit.com
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