Jerome Powell: “The Federal Reserve is looking thoughtfully at central bank digital currency.”

I do think that’s right.

I think that's right

If we're going to do that successfully, we need to do it in a completely nonpolitical way, which means we don't take sides, we don't play one side against the other, we stay out of issues that are really not our bailiwick.

If we move too quickly, then we may leave the inflation job unfinished and have to come back later and finish it.