Federal Reserve Beige Book: US economy is experiencing moderate expansion with diverging inflation prospects.
Intelligent Finance APP learned that the latest "Beige Book" released by the Federal Reserve on Wednesday showed that in recent weeks, economic activity in the United States has been growing at a slight to moderate pace, with little change in employment levels in most regions, and overall prices continue to rise moderately. The cost pressures brought by the situation in the Middle East and tariffs are still of concern to businesses, but there are significant differences in the opinions of different regions on the future inflation trend.
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