Commonly known as The Beige Book, this report has been published eight times per year. Each Federal Reserve Bank accumulates anecdotal information on current economic conditions, most of which focus on overall -overall, inflation, and economic work.
Beige Book: Economic activity is largely unchanged; Wage growth slows down, and inflation pressure continues amid increased cost -driven costs
The Fed's April Beige book revealed a slight change in economic activity, and the remembrance of tariffs worsened the perspective in some regions. Consumer expenditure remains mixed, as the labor market has shown signs of cooling after stalling or editing less than many Fed districts.
Growth of wages decays in some places, despite improved labor. Regarding inflation, input costs have increased due to tariffs, with companies passing through margin dealing costs.
The Beige Book added that businesses are preparing for greater uncertainty, especially due to the effects of tariffs and weaker services.
