Fed: US Economy, Jobs Little Changed in Recent Weeks

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The U.S. economy recorded “little or no change” since the beginning of July, although inflationary risks persist that affect consumption and business activity, according to the Federal Reserve’s Book Beige (Fed). The report, which compiles the situation in the 12 districts of the central bank, shows that household spending remains stable or declining, pressured because wages do not make up for the price rise. Of the 12 regions, 10 reported “mode…

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The U.S. economy experienced “little or no change” over the early days of July, but inflationary risks persist, said the Beige Book, the U.S. Federal Reserve (Fed) survey. According to the document, which provides a detailed assessment of the U.S. economy by the country’s 12 regional central banks, consumption spending between stable and declining was recorded in all districts, due to the fact that in many households wages have failed to keep up…

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The latest report of the Beige Book of the United States Federal Reserve (Fed) indicates that economic activity in the country has undergone minimal changes since July. This analysis, carried out through the 12 regional central banks, provides a broad perspective on the current state of the US economy. Regional analysis and domestic consumption Of the twelve regions analyzed, only four experienced modest growth, while the others showed little or…