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The Fed’s in no hurry to develop a digital dollar
Mar 23, 2021

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.

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Fed will "move with great care and transparency" to see if digital dollar is needed, Powell says

Marketplace's Nancy Marshall-Genzer reports.
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Without enough houses to sell, real estate brokers see fewer transactions

by Andy Uhler
Mar 23, 2021
The National Association of Realtors says it has more members than the number of homes for sale at the moment.
Because of the way realtors traditionally get paid, it’s tough for everyone, especially those new to the business, said Jessica Lautz of the National Association of Realtors.
Saul Loeb/AFP via Getty Images
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Former treasury secretary urges stronger response to China’s infrastructure program

by David Brancaccio and Rose Conlon
Mar 23, 2021
Former Treasury Secretary Jack Lew says the U.S. needs to mobilize around infrastructure at home and abroad.
China's Belt and Road Initiative is "as much about securing trade and supply lines as it is about expanding China's presence in the world," according to former U.S. Treasury Secretary Jack Lew.
Philippe Lopez/AFP/Getty Images
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Music from the episode

French Isolation Kevoe West

The team

David Brancaccio Host
Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Technical Director
Brian Allison Engineer
Meredith Garretson Senior Producer
Erika Soderstrom Producer
Rose Conlon Producer
Alex Schroeder Producer

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