The Beige Book, a document providing important information about the economic outlook in the US, has been published.
Here are the key points from the document:
- The outlook for future activity is somewhat optimistic, with most officials expecting mild to moderate growth in the coming months.
- The Beige Book reported that overall economic activity increased at a moderate to moderate pace in eight of the twelve Federal Reserve districts, remained unchanged in three districts, and showed a moderate decline in one district.
- Prices increased at a moderate rate in the vast majority of regions.
*This is not investment advice.