A bad Fed Beige book notes a shift towards US stagflation
The Federal Reserve’s Beige book, published eight times a year, is one of the first pieces of data encompassing the new Trump administration’s policies from mid-January. This has been a period of high economic uncertainty over tariffs and government contracts.
What is the Fed's Beige Book and the data it reports?
The Federal Reserve published its Beige Book on Wednesday, providing valuable insight into the US economy. The report compiles anecdotal evidence from the Federal Reserve's 12 regional districts, offering a real-world perspective beyond official statistics.
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January. Six Districts reported no change, four reported modest or moderate growth, and two noted slight contractions.
U.S. economic activity has risen slightly but unevenly since mid-January, employment nudged higher, and prices increased ...
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