Wu Blockchain (@WuBlockchain): The Federal Reserve’s Beige Book reports slight U.S. economic growth since mid-January, with declining consumer spending, modest manufacturing gains,…
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The Federal Reserve’s Beige Book reports slight U.S. economic growth since mid-January, with declining consumer spending, modest manufacturing gains, and slight job growth as wage increases slowed. Prices rose broadly, accelerating in some regions, while firms struggled to pass on costs, with some preemptively raising prices due to expected tariffs. Regional outlooks remain cautiously optimistic amid policy and tariff concerns. federalreserve.gov/monetarypolicy…