Fed's Beige Book: US firms see progress on labor supply, price pressures – by fx_ross Fed DollarIndex
The Federal Reserve's Beige Book notes that economic activity, stating that "the outlook for future economic growth remained generally weak.
The outlook for future economic growth remained generally weak, with contacts noting expectations for further softening of demand over the next six to twelve months. The outlook for future economic growth remained generally weak, with contacts noting expectations for further softening of demand over the next six to twelve months. Wages grew across all districts, although reports of a slower pace of increase and moderating salary expectations were widespread. Information on these pages contains forward-looking statements that involve risks and uncertainties.
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