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Federal Reserve Vice Chair: Inflation Upside Risks May Have Eased, Fed Beige Book to Be Released Next Week
BlockBeats News, November 17th, Federal Reserve Vice Chair Jefferson gave a speech on the economic outlook and monetary policy, stating that the labor market is showing gradual cooling of supply and demand. With monetary policy approaching the neutral interest rate, a cautious approach is needed. The upside risk of inflation may have declined, and the impact of tariffs may be temporary. The Fed's Beige Book to be released next week will provide a reference for economic views. (FXStreet)
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