Wholesale Digital Settlement Tokens It is important for the Fed and other central banks to continue to research these issues as technology evolves, exploring the technical and economic possibilities and limitations of centralbank-issued digital currencies. Even though the case for a digital currency for general use may not be compelling, opportunities for more targeted and restricted use may nonetheless prove to have value.
So I wouldn’t be surprised if, in the end, growth this year would turn out to be somewhat higher. And there is a growing consensus that downside risks to this outlook have receded such that overall risks are now more balanced. Within the ECB’s Governing Council, the improved economic outlook has led to a consensus that price pressures are expected to increase, too.