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Wu Blockchain (@WuBlockchain): The Federal Reserve’s Beige Book reported that overall U.S. economic activity expanded at a slight to moderate pace in seven of the twelve Federal Res…

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The Federal Reserve’s Beige Book reported that overall U.S. economic activity expanded at a slight to moderate pace in seven of the twelve Federal Reserve districts, though some regions showed weakness amid economic uncertainty, increased price sensitivity, and reduced spending by lower-income households. Employment remained broadly stable, with some sectors adopting AI and automation to improve efficiency. Prices rose moderately overall, with many districts reporting higher non-labor input costs. https://www.federalreserve.gov/monetarypolicy/beigebook202602-summary.htm

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