{"id":49102,"date":"2021-08-06T03:53:38","date_gmt":"2021-08-05T23:53:38","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=49102"},"modified":"2021-08-06T03:53:44","modified_gmt":"2021-08-05T23:53:44","slug":"feds-waller-denounces-digital-dollar","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/feds-waller-denounces-digital-dollar\/08\/06\/market-updates\/","title":{"rendered":"Fed\u2019s Waller Denounces Digital Dollar"},"content":{"rendered":"\n<p>The U.S. Federal Reserve Board Governor Christopher Waller is against recent moves to explore the establishment of a digital Dollar.<\/p>\n\n\n\n<p>Waller acknowledged the growing interest from central banks towards digital currencies but said that he remains skeptical that a digital Dollar would solve any major problem confronting the U.S. payment system.<\/p>\n\n\n\n<p>Speaking in a virtual event by the American Enterprise Institute on Thursday, Waller said a digital Dollar would be a problem, not a solution.<\/p>\n\n\n\n<p>He believes it would serve a fraction of the population, calling for promoting financial inclusion by encouraging widespread use of low-cost commercial bank accounts.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Federal Reserve Board Governor Christopher Waller is against recent moves to explore the establishment of a digital Dollar. Waller acknowledged the growing interest from central banks towards digital currencies but said that he remains skeptical that a digital Dollar would solve any major problem confronting the U.S. payment system. Speaking in a virtual &hellip;<\/p>\n","protected":false},"author":10,"featured_media":30888,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,37,36],"tags":[6867],"class_list":["post-49102","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-forex-markets","category-market-updates","tag-federal-reserve"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/49102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=49102"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/49102\/revisions"}],"predecessor-version":[{"id":49103,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/49102\/revisions\/49103"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30888"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=49102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=49102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=49102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}