Fed Beige Book shows positive outlook but mixed sentiment
Fed Beige Book says outlook for coming months was positive, but sentiment was mixed across sectors as contacts cite heightened uncertainty from higher energy prices.
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06:02:58 PM UTC
SquawkNews
Employment Rose Very Slightly Overall - 3 Districts Showed Modest Gains In Employment, 4 Reported Slight Gains, And 5 Experiencing No Change - Positive General Outlook For Coming Months, But Sentiment Was Mixed Across Sectors - Contacts Reporting Heightened Uncertainty Surrounding Effects Of Higher Energy Prices, Policy, And International Conflict - Prices Increased Moderately In 8 Districts, With 2 Districts Reporting Modest Increases, 1 Slight Increases, And 1 Robust Increases
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