FED Releases the Much-Anticipated Beige Book – Here’s Everything You Need to Know
The Beige Book report published by the FED gave important signals about the economic outlook across the country. The report found that prices rose modestly in most regions, while employment levels remained generally stable. Business confidence varied across regions. Ten of the Fed's 12 districts described price increases as “moderate” or “medium,” while two districts reported that input costs exceeded the increase in selling prices. Input prices have reportedly risen, particularly due to customs duties. Price increases are also reportedly continuing in insurance, energy, and technology services. While some businesses are passing these costs on to consumers, most regions have…