Fed Reports Stable Labor Market, Rising Costs, and Strained Consumers

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The Federal Reserve’s latest Beige Book painted a picture of an economy that continues to grow but is increasingly feeling the effects of higher energy costs and persistent inflation pressures. Economic activity expanded at a “slight to moderate pace” in ten of the twelve Fed districts, while consumer spending was uneven and increasingly divided along […]The post Fed Reports Stable Labor Market, Rising Costs, and Strained Consumers appeared first on ActionForex.