@aladdin-x8.eth
📉 Vital Contributions During Crises:
🔹 Supported U.S. market stability during the Latin American debt crisis in the 1980s and other financial crises in Mexico, Asia, and Russia.
🔹 Delivered quick solutions during the Global Financial Crisis and the pandemic, leveraging tools like “swap lines” and the “FIMA Repo Facility.”
🔍 In the Face of Today’s Uncertainty:
✅ The division has developed new indicators to monitor geopolitical, inflation, and trade policy risks.
✅ These tools are crucial for assessing how global shocks ripple through the U.S. economy.
📌 The Bottom Line:
Powell closed by thanking the current and former IF staff, highlighting their role in building strong ties with global partners and ensuring the Fed’s commitment to its dual mandate:
maximum employment and price stability for all Americans. 🇺🇸💪
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