1 This suggests that such point-of-sale (POS) transactions are critical for the relevance of a central bank digital currency (CBDC). This note summarizes recent research on the impact a CBDC could ...

U.S. Enters a New Political Era, Defined by Donald Trump The presidential race in 2012 ended a pattern in U.S. politics, which has since become characterized by Mr. Trump’s populism, a Times ...