Fed Beige Book Reveals Economic Stagnation Amid Rising Prices

The Federal Reserve’s latest Beige Book paints a picture of stagnant economic activity and employment across the United States since March. Odaily reports that the report reflects the early impacts of President Trump’s tariffs, aiming to reshape global trade patterns. The document underscores the pervasive influence of international trade policies on the U.S. economy, highlighting uncertainty regarding these policy shifts. As economic uncertainty, specifically related to tariffs, escalates, several regions have experienced a dramatic decline in their outlook for future growth.