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[Federal Reserve Vice Chair: Inflation Upside Risks May Decline, Beige Book to Be Released Next Week] On November 17, Federal Reserve Vice Chair Jefferson stated that the supply and demand in the labor market are gradually cooling, and monetary policy approaching the neutral rate requires cautious advancement. Inflation upside risks may have already declined, and the impact of tariffs might be temporary. The Federal Reserve Beige Book will be released next week to provide insights into economic perspectives.