Fed's Williams: Issues like access to central bank accounts need to be front and center

Author: Adam Button | Category: Central Banks

Comments from the NY Fed President

  • Money market funds and Treasury markets can lose liquidity in times of stress
  • Demand for the US dollar in paper currency is growing
You wonder what the future is of savings accounts. They don't pay anything and in a digital currency future, you wonder if central bank accounts wouldn't satisfy what most people need.

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