Fed policy tightening will keep clamps on US banks’ credit; change may be afoot in global payments
Moody's Talks - Focus on Finance
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Moody's Rating Actions on US Banks
The ECB's official communication is to say that there's actually already a wholesale CBDC and it does a point because today when banks are settling payment between themselves, they are using a digital system that's provided by the ECB. The real debate is really about whether there'll be a wholesaleCBDC that's going to be compatible with what we call distributed ledger technology. And last question, what does the ECB plan to do about wholesale CBDC? How is it going to upgrade its financial infrastructure for interbank settlements? That's a good question. We don't have much information on that.
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