monetary policy

If the Federal Reserve and other central banks began issuing their own digital currencies, they could benefit consumers, boost the economy and fight financial crime. But not without risks to cybersecurity, individual privacy — and possibly bank profits.

Contrary to the opinion that the Federal Reserve is out of “options” to boost the economy, the central bank still has these three liquidity-strengthening tools at its disposal.

Steven Pearlstein, a columnist for the Washington Post wrote about the "Global