Central Banking

Duisenberg at a discount

Despite a splendid send-off in October, including a blizzard of awards from European countries, the image of Wim Duisenberg, the former president of the ECB, is starting to fade. The ECB itself produced a commemorative euro coin set that includes a silver medallion bearing a likeness of the erstwhile president's face as part of the tribute. But it is clearly not a hot seller. Initially priced at €59, it has been slashed to €49 in the ECB's own giftshop. Wim is only just out the door but is

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FedNow – at last

The instant payment system might help fix the US’s rusty payment rails, but it also faces competition, says Dave Birch

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