Macro Musings with David Beckworth cover image

Yesha Yadav on Treasury Market Turmoil and Potential Solutions for Reform

Macro Musings with David Beckworth

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What Do You Think About CBDCs in the US?

The Federal Reserve is not terribly excited about CBDCs, at least retail versions of it. They've seen more positive on the wholesale side. I think they're taking it seriously, which is important to see because the rest of the world is too. The EU recently came out quite strongly in favor of thinking about their own Euro CBDC. And obviously, China is pretty far along, as we know.

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