GFZ reported a magnitude 5.5 earthquake in central Peru.

Fujian provincial government released its "15th Five-Year" Urban Renewal Plan, framed as a drive to "build six cities" with six focus areas, 21 key tasks and 14 major actions. Market-relevant directives include accelerating a shift in growth drivers and building an innovation city—cultivating high-quality new growth drivers, expanding and upgrading metropolitan industries, stimulating urban consumption and enhancing openness; advancing a green, low‑carbon transition—deepening urban ecological governance, raising green/low‑carbon building standards and promoting low‑carbon lifestyles; and reinforcing safety and resilience—strengthening old‑housing safety governance, steadily advancing urban‑village redevelopment, bolstering urban infrastructure, improving disaster prevention/mitigation/relief and tightening construction safety oversight.

Fed Governor Waller said if a way can be found to allow banks to operate with fewer reserve balances, a corresponding reduction in the Fed's balance sheet would be appropriate.