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Digital currencies may reduce dollar reliance, Fed study says

Digital currencies may reduce dollar reliance, Fed study says

The Federal Reserve (Fed), published on Wednesday (06) an article on the international role of the US dollar and its future challenges. For the agency’s analysts, in a longer horizon, payment solutions such as digital currencies have the potential to reduce the use of the

US consumer prices in March rises the most in 8 ½ years (Image: IDC)

US consumer prices in March rises the most in 8 ½ years

Consumer prices in the United States have seen the biggest increase in more than eight years as the increase in vaccinations and the strong fiscal stimulus released pent-up demand, triggering what most economists expect to be a rapid period of higher inflation. US consumer prices

Federal Reserve: Digital dollar may be ready in July

Jerome Powell, president of the United States Federal Reserve (Fed), demonstrated that he is fulfilling his promise made this month on the digital dollar. In early March, Powell declared that the digital dollar would be the entity’s priority for 2021. On Monday, the Fed and