
Fed's Beige Book Highlights Economic Growth Amid Inflation Concerns and Iran War Impact
The Federal Reserve's latest Beige Book report indicates that the US economy is growing at a slight to modest pace, but also highlights increasing price pressures and rising uncertainty among businesses. Concerns about inflation re-accelerating, partly due to the situation in Iran and surging fuel costs, were noted by Fed officials.
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Beige Book Confirms Uncertainty, Fuel Costs Surged On Iran War As Economy Grew At "Slight To Modest" Pace US economic activity continued to increase at a "slight-to-modest" pace across most regions as the war with Iran generated a new wave of uncertainty and higher energy costs, the Federal Reserve said. The just released Beige Book - which featured information compiled by the New York Fed and collected through April 6, capturing the early effects of the war on the US economy - ...
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