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Fed's Beige Book: US economy grew at 'modest pace' in most regions

Discussion in 'Fundamental Analysis' started by ForexLive, Jul 13, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Beige Book for July 13, 2016 - Outlook generally positive across broad areas of economy - Wages pressures remained modest to moderate in most districts, price pressures were 'slight' There isn't much to take away from the headlines. We know it's a 'modest' economy. The one notable headline might be the "modest to moderate" wage pressures along with little indication of inflation. Even the most hawkish FOMC members will struggle to spin that into some kind of sign that prices pressures are cooking.

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