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Old dogs, new tricks: adapting central bank balance sheets to a world of digital currencies - remarks by Andrew Hauser
Given at Federal Reserve Bank of New York and Columbia SIPA
Workshop on ‘Monetary Policy Implementation and Digital Innovation’,
New York
Published on
01 June 2022
We’re looking at how a central bank digital currency (CBDC) for the UK might work. Andrew Hauser argues a CBDC could have a big impact on the Bank of England’s balance sheet. We need to understand these impacts, and build them into the design of CBDCs and our operational toolkits.