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Fed's Beige Book Shows Price Pressures May Be Intensifying
Original: Fed’s Beige Book Shows Price Pressures May Be Intensifying
The Federal Reserve's latest Beige Book indicates that price pressures across the US economy may be intensifying, according to a Wall Street Journal report. The regional survey of business conditions feeds directly into the central bank's interest rate deliberations, so signs of building inflation will draw attention from markets and policymakers weighing the path of monetary policy.
Why now: Investors and policymakers are watching inflation signals closely for clues about the Fed's next interest rate moves.
Federal ReserveWall Street Journal
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