Central Bank Digital Currencies and Banking: Literature Review and New Questions Staff Discussion Paper 2023-4 James Chapman, Jonathan Chiu, Mohammad Davoodalhosseini, Janet Hua Jiang, Francisco Rivadeneyra, Yu Zhu We review the nascent but fast-growing literature on central bank digital currencies (CBDCs), focusing on their potential impacts on private banks. We evaluate these impacts in three areas of traditional banking: payments, lending and liquidity and maturity transformation. We also take a broader look at CBDCs and highlight two promising directions for future research. Content Type(s): Staff research, Staff discussion papers Topic(s): Central bank research, Digital currencies and fintech, Financial institutions, Financial stability JEL Code(s): E, E5, E50, E58, G, G0, G00, L, L0, L00
February 8, 2023 Summary of Governing Council deliberations: Fixed announcement date of January 25, 2023 This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on January 25, 2023. Content Type(s): Publications, Summary of deliberations
February 8, 2023 Release of the Bank of Canada’s summary of deliberations On Wednesday, February 8, 2023, the Bank of Canada will publish a summary of the deliberations that took place ahead of its interest rate decision on January 25, 2023. Content Type(s): Press, Media advisories
February 7, 2023 Bank of Canada Media Interview – Bloomberg News Tiff Macklem, Governor of the Bank of Canada, gave an interview to Erik Hertzberg of Bloomberg News. Content Type(s): Press, Media advisories
February 7, 2023 Bank of Canada Media Interview – Le Soleil Tiff Macklem, Governor of the Bank of Canada, gave an interview to Annie Lafrance of Le Soleil. Content Type(s): Press, Media advisories
February 7, 2023 Bloomberg News Tiff Macklem, Governor of the Bank of Canada Interview with Bloomberg News Content Type(s): Press, Media activities