ThePMC on Nostr: And now SWIFT has announced a CBDC rollout in the next 12-24 months. This news puts ...

And now SWIFT has announced a CBDC rollout in the next 12-24 months. This news puts Jerome Powell's evasive comments on a whole new light. A) The Fed must be working aggressively on developing a CBDC, and B) the Fed is intentionally keeping the public in the dark about their plans.

https://www.reuters.com/business/finance/swift-planning-launch-new-central-bank-digital-currency-platform-12-24-months-2024-03-25/

quoting nevent1q…5e20

>>Federal Reserve Double Talk<<

"The Fed doesn't have a secret lab where they are developing a digital currency," quips Federal Reserve Chairman, Jerome Powell at the FOMC press conference, 03-20-24

"The Federal Reserve will continue to explore a wide range of design options for a CBDC." - Published by the Fed in a paper titled "Money and Payments: the US Dollar in the Age of Digital Transformation," pg 17, Jan. 2022

Sources:

https://www.federalreserve.gov/publications/files/money-and-payments-20220120.pdf

https://www.bloomberg.com/news/live-blog/2024-03-20/fomc-rate-decision-and-fed-chair-news-conference?cursorId=65FB35EEB21C0003