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Fed Vice Chairman: The risk of rising inflation may have decreased, and the Fed's Beige Book will be released next week.

On November 17, Fed Vice Chairman Jefferson delivered a speech on the economic outlook and monetary policy, stating that the labor market shows that supply and demand are gradually cooling down. As monetary policy approaches the neutral Intrerest Rate, caution is needed in advancing. The upside risks to inflation may have decreased, and the impact of tariffs may be temporary. The Fed's Beige Book, to be released next week, will provide a reference for economic perspectives. (Jin10)

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