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
Quarles has served as the Fed's first vice chair of supervision, giving him wide-ranging authority over the banking system
About half the Fed's policymakers forecast the first rate hike would be in late 2022
Federal Reserve Chair Jerome Powell expects that inflation will remain elevated well into next year
High debt levels and rising rates may keep consumers on the sidelines
Democratic Sen. Elizabeth Warren also urged the Securities and Exchange Commission to investigate the investments by three Fed officials