The Ethiopian Council of Ministers recently approved a draft proclamation that paves the way for the launch of a central bank digital currency (CBDC). The National Bank of Ethiopia (NBE) stated that the draft considers rapid technological advancements and draws from the experiences of fellow central banks. Proclamation Grants Ethiopian Central Bank Authority to Launch […]
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Kevin Warsh Takes Fed Chair Oath as FOMC Gives Unanimous Backing
Key TakeawaysWarsh officially became Fed chair after Powell’s transition and unanimous FOMC leadership selection.Senate confirmations secured Warsh’s chair term through...
