Ex-Fed vice-chair Quarles has lost none of his fervor in opposing US CBDC

by Aurelia Butler 3 May 2022, 23:00 129 Views

Quarles, who served at the Fed from 2017 to 2021, said a close analysis of CBDCs would show that their advantages are “extremely marginal, if they exist at all.” He did not see the potential for CBDCs in promoting financial inclusion, commenting:

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Ex-Fed vice-chair Quarles has lost none of his fervor in opposing US CBDC

Stock futures inch higher ahead of Fed's big rate decision

Major companies, including Disney and Walmart, keep largely silent as leaked Supreme Court abortion draft sparks outrage

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