QOTD -- CBDC Policy

Central banks did not get the summer vacation memo, at least regarding CBDC policy. The last full working week of August starts with a major research report from the Bank for International Settlements regarding CBDC policy:

Central bank leaders convene for their annual global conference this year. This research would ordinarily provide fodder for information conversations and discussions with the Grand Teton mountains as a backdrop. The question is whether --or how-- central banks will address CBDC issues in their formal remarks this week. Stay tuned.

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