The country's central bank is stepping up a campaign to block use of unofficial digital money
CBDCs risk cutting banks out of their traditional middleman role
Chair Jerome Powell signalled the beginning of the end of the Fed's pandemic response in a Friday speech
Central bank crypto could disrupt traditional financial sector, Moody's says
An official cryptocurrency would put pressure on traditional bank funding and fees
Plan for a gradual increase in interest rates, chief economist says
Hub for central bank innovation expanding to four new locations
Program remains unchanged despite economic slowdown
Announcement comes as Covid-19 related shutdowns hurt pre-Christmas sales revenue
The central bank sees increasing challenges for both banks and companies as the pandemic wears on