UK’s CBDC Could Facilitate Negative Interest Rates – Bank of England

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UK’s CBDC Could Facilitate Negative Interest Rates – Bank of England

Should the Bank of England decide to issue a widely used central bank digital currency (CBDC), the move could help the country’s economy to benefit from negative interest rates, according to Andy Haldane, the central bank’s Chief Economist and Member of the Monetary Policy Committee.
“On the monetary policy side, one of the most pressing issues for monetary  Read more »
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