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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

Jim Lo Scalzo/Pool/Getty Images

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.

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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

Meredith Garretson Morbey Senior Producer

Alex Schroeder Producer

Erika Soderstrom Producer

Rose Conlon Producer

Brian Allison Technical Director

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