FED Unveils Beige Book: Insights into US Economic Outlook

The Federal Reserve released its latest Beige Book, offering a snapshot of the economic landscape across the U.S. The report revealed that price increases were modest in most regions while employment remained relatively stable. Business confidence was mixed, with some areas reporting optimism and others caution. 10 districts described input costs as moderate or medium-high, suggesting persistent inflationary pressures. Some businesses are passing these costs on to consumers but many are attempting to avoid significant price hikes.