HALISTER1: U.S. ECO PREVIEW: Fed Beige Book Due in 5 Minutes

U.S. ECO PREVIEW: Fed Beige Book Due in 5 Minutes

(Bloomberg) -- The prior Beige Book, which was issued April 19, reported economic growth was “equally split between modest and moderate” with a tight labor market and mixed consumer spending.
  • Beige Book is based on anecdotal evidence from Fed’s 12 district banks, will help form basis for deliberations when Fed’s policy panel meets June 13-14
    • Comments in Bloomberg Orange Book survey released earlier this month suggest economy advanced at a modest pace since last Beige Book amid “uncertainties” on trade, tax and regulation

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Source: BFW (Bloomberg First Word)

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