US Economic Activity Expands, Prices Rise Modestly, but Firms Grow More Pessimistic: Fed's Beige Book and Survey
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#2695b6ab ver:0.47

US economic activity expands, prices rise modestly, but firms grow more pessimistic, according to the Fed's Beige Book and survey. Retail spending is flat, housing demand rises modestly, and overall outlooks are more negative due to rising uncertainty. However, the stock market's reaction is muted, indicating a wait-and-see approach. The overall outlook for the US economy remains positive, but firms are concerned about weakening consumer demand and increasing inflation. #Economy #BeigeBook #Pessimism...

#newstr #UsEconomy #FederalReserve #EconomicActivity #ConsumerDemand #Inflation #InterestRates 

 https://here.news/story/2695b6ab?ver=0.47