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Powell Says Fed Plans Recommendation to Congress on CBDC

The Federal Reserve chairman says a digital dollar is "something we really need to explore as a country."

Updated May 11, 2023, 5:10 p.m. Published Jun 23, 2022, 5:15 p.m.
Federal Reserve Chairman Jerome Powell during a congressional hearing on Thursday. (CNBC/YouTube)
Federal Reserve Chairman Jerome Powell during a congressional hearing on Thursday. (CNBC/YouTube)