Fed Beige Book Reports Moderate US Growth and Rising Price Pressures
The Federal Reserve said US commercial activity expanded at a slight to moderate pace in recent weeks, while businesses faced mounting input costs, policy uncertainty and shifting consumer habits.
Commercial activity across the United States grew at a slight to moderate pace in recent weeks, the Federal Reserve’s latest Beige Book said. Businesses faced mounting input costs, elevated policy uncertainty and changing consumer habits. The report was released Wednesday. Manufacturing Aids…