Vice Chairman of the Federal Reserve: Moody's rating downgrade will be considered as ordinary data when formulating policies

律动BlockBeats
律动BlockBeats|May 19, 2025 14:01
BlockBeats News: On May 19th, Federal Reserve Vice Chairman Jefferson stated that when formulating monetary policy, Moody's downgrade of the US credit rating will be considered as ordinary economic data. Jefferson said, "We will view this rating downgrade from the perspective of all upcoming information: what it means for us to achieve our established goals, without commenting on what the downgrade may mean in the political and economic context He also said, "Our goal is to fulfill a dual mission - to achieve maximum employment and price stability. In times of financial market changes, it is particularly important to remain focused on our mission
+4
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads