Fed Governor Waller said he prefers setting the inflation target as a range, but that changing the target now would lack credibility.

Bank of China hosted a Seoul roadshow on the 6th promoting expanded global use of the renminbi (RMB); about 120 government, corporate and financial delegates attended. Participants said RMB internationalization has steadily advanced, broadening use in trade settlement, cross-border investment and financing, and international reserves, and that continued high-level opening of Chinese financial markets creates new opportunities for China–South Korea financial cooperation.

FIFA Appeals Committee dismissed Belgium’s appeal against a one-year suspension of Folarin Balogun, ruling the appeal inadmissible because Belgium is not a party to the proceedings and therefore lacks standing to appeal.