According to Nick Timiraos, the Fed cut interest rates by 25 basis points as expected, and the decision was unanimous. The FOMC's statement changed little.
The Reserve Bank of Australia Assistant Chairperson Jones said that an industry project on wholesale-level central bank digital currency (CBDC) and tokenized commercial bank deposits will be launched. Committed to a three-year digital currency research project. We will prioritize wholesale central bank digital currency. Wholesale central bank digital currency has greater economic benefits than retail central bank digital currency. The launch of retail central bank digital currency will be decide...