Fed's Hammack: Next year inflation might ease to around 2.5% at best
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Goes into every meeting with an open mind Openen minded about cadence of meeting schedule Expects slow progress on inflation, should end year around 3% Fed policy needs to be restrictive Latest inflation data in line with expectations Jobs market is broadly in balance These lates
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PBOC is expected to set the USD/CNY reference rate at 6.6981 – Reuters estimate