Costs and benefits of central bank digital currency depend on design choices, Moody's says
The central bank also said it would phase out its monthly bond purchases in March
Some economists have expressed concern that the Fed is already moving too late to combat high inflation
The Fed chair said Tuesday that inflation poses a major threat to the job market
Clarida was scheduled to finish his term this month but will instead resign about two weeks early
The accelerated timetable puts the Fed on a path to start raising rates in the first half of next year
A faster taper could open the door to rate hikes next year, Moody's says
The U.S. Federal Reserve calls for improved margin and risk management efforts
Inflation, economic recovery and job market seen to be driving the Fed
Powell also elevated inflation-fighting as a more urgent priority than supporting job growth