This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s.
Time to Speed Up a Digital Dollar
Morning BriefingAug. 5: The U.S. Federal Reserve is studying the idea of a digital dollar to death. It is currently collecting public comments on the potential costs, benefits, and design of a digital dollar, with plans to publish a “discussion paper” in early September. In other words, a digital dollar is many years away from landing in your digital wallet.