The Fed’s in no hurry to develop a digital dollar
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Federal Reserve Chair Jerome Powell weighs the pros and cons of digital currencies. Plus, real estate brokers don't have enough houses to sell right now. And, a status update on China's "Belt and Road Initiative" infrastructure program and its effects on geopolitical relations.
Segments From this episode
Fed will "move with great care and transparency" to see if digital dollar is needed, Powell says
Marketplace's Nancy Marshall-Genzer reports.
The National Association of Realtors says it has more members than the number of homes for sale at the moment.
Former Treasury Secretary Jack Lew says the U.S. needs to mobilize around infrastructure at home and abroad.