Fed Beige Book: US economic activity is almost stagnant, tariffs are pushing up price pressures.

According to the financial app Zhixian Finance, the latest "Beige Book" released by the Federal Reserve on Wednesday showed that in the past six weeks, overall economic activity in the United States has remained nearly unchanged, with most regions experiencing "stability or slight decline". With the impact of tariffs on supply chains and prices becoming increasingly evident, businesses are facing higher costs and are forced to raise prices, while consumers are cutting back on spending as wage growth lags behind price increases, further slowing economic growth momentum.