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September 19, 2024

Speech: Sherbrooke Chamber of Commerce

Monetary policy decision-making: behind the scenes — External Deputy Governor Nicolas Vincent speaks before the Sherbrooke Chamber of Commerce. (08:15 (ET) approx.).

Ecosystem Models for a Central Bank Digital Currency: Analysis Framework and Potential Models

This note analyzes different economic models of a central bank digital currency (CBDC) ecosystem where the central bank chooses different levels of market involvement and usage of policy levers. The analysis suggests that there are trade-offs between the costs to the central bank and its ability to achieve policy goals like universal access.
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