Federal Reserve Beige Book: Economic activity stable, but uncertainty leads to significant deterioration in several regions' outlook
Jinse reports that the Federal Reserve Beige Book indicates that U.S. prices are rising and that economic activity and employment in most parts of the United States have changed little since March. The report reflects some early impacts of President Trump's erratic implementation of comprehensive tariffs aimed at reshaping global trade. "Uncertainty over international trade policy is widespread in the report. With rising economic uncertainty, especially surrounding tariffs, the outlook in several regions has significantly deteriorated."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
"BTC OG Insider Whale" Increases ETH Long Positions to $540 Million, Unrealized Losses Exceed $20 Million
"Machi" faces liquidation again, losing $2.44 million in the past week
BitGo receives conditional approval to become a banking institution
The US Office of the Comptroller of the Currency approves Paxos as a regulated blockchain infrastructure provider
