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The Dollar's International Role, Federal Reserve Governor Christopher J. Waller, At "Climate, Currency, And Central Banking," A Conference Sponsored By The Global Interdependence Center And The University Of The Bahamas, Nassau, Bahamas

The Dollar's International Role, Federal Reserve Governor Christopher J. Waller, At "Climate, Currency, And Central Banking," A Conference Sponsored By The Global Interdependence Center And The University Of The Bahamas, Nassau, Bahamas
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United-kingdom , Russia , Ukraine , United-states , Australia , Washington , Brazil , Switzerland , Saudi-arabia , Canada , Cambridge , Cambridgeshire

The U.S. Dollar And Central Bank Digital Currencies, Federal Reserve Governor Christopher J. Waller At "Digital Currencies And National Security Tradeoffs," A Symposium Presented By The Harvard National Security Journal, Cambridge, Massachusetts

Thank you, Professor Jackson, and thank you to the Harvard National Security Journal for the invitation to speak at this symposium. As the payment system continues to evolve rapidly and the volume of digital assets continues to grow, it is critical to ensure that we keep both the benefits and risks of digital assets in the policy conversation, including the implications for America's role in the global economy and its place in the world. My speech today focuses on exactly this issue and on an aspect of the digital asset world that is now the center of domestic and international attention—central bank digital currencies (CBDCs) and how they relate to the substantial international role of the U.S. dollar.

China , New-york , United-states , Cambridge , Cambridgeshire , United-kingdom , Paris , France-general- , France , Switzerland , Washington , America

What three economists taught us about currency arrangements

Richard Cooper, Robert Mundell, and John Williamson made important contributions on a variety of topics in international economics throughout their careers, particularly in terms of how we think about currency arrangements. This column reviews the work of all three, tracing their ideas and drawing lessons for policymakers today.

New-york , United-states , Australia , Japan , University-of-chicago , Illinois , United-kingdom , Washington , China , Luxembourg , Boston , Massachusetts