Preview: Fed’s Beige Book to Confirm Broad-Based Softness in Economy

Economists largely agree that the Beige Book document
to be released Wednesday by the Federal Reserve won’t reveal anything
new. It will likely say that profitable conditions are generally soft
across the country, with a few pockets of exceptional weakness and
moderate growth, economists say.

The final Beige Book was released on April 16 and

covered the U.S.
economy for the six weeks ending on April 7. It restricted commentary
stating that…

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Original post by Mortgage News Daily - Mortgage And Real Estate News

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