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

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

(Bloomberg) -- Prior Beige Book, which was issued March 1, said the economy grew at a modest to moderate pace without a significant acceleration in inflation.
  • The report is based on anecdotal evidence from the Fed’s 12 district banks and will help form the basis for deliberations when the Fed’s policy panel meets May 2-3
    • Comments in the Bloomberg Orange Book survey suggest the economy advanced at a modest pace since the last Beige Book with wage pressures limited to highly skilled or unskilled workers

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Source: BFW (Bloomberg First Word)

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