The Federal Reserve (FED) Vice Chairman: Moody's downgrade will be regarded as ordinary data when formulating policies.

[The Federal Reserve Vice Chairman: Moody's downgrade will be regarded as ordinary data in policy-making] Federal Reserve Vice Chairman Jefferson stated that Moody's downgrade of the U.S. credit rating will be considered ordinary economic data when formulating monetary policy. Jefferson said, "We will look at this rating downgrade from the perspective of all incoming information: what it means for us to achieve our established goals, rather than commenting on what the downgrade might mean in the political and economic context." He also stated, "Our goal is to fulfill our dual mandate - to achieve maximum employment and price stability. It is especially important to remain focused on our mission during times of financial market changes." ( Jin10 )