Fed Beige Book Shows Sluggish Demand as Energy Costs Keep Inflation Pressures Elevated

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The Federal Reserve’s latest Beige Book showed subdued economic growth and limited consumer demand, even as businesses continued to face widespread inflation pressures. Of the twelve Fed Districts, two reported moderate economic growth, three modest growth, four slight growth, and three little change. Manufacturing provided much of the momentum, particularly in Dallas, where firms reported […]The post Fed Beige Book Shows Sluggish Demand as Energy Costs Keep Inflation Pressures Elevated appeared first on ActionForex.