A Federal Reserve report known as the Beige Book was released Wednesday and said economic activity expanded modestly from January to mid-February for most Fed districts.
The Beige Book, a compilation of economic evidence from the twelve Fed districts, also said most businesses remain optimistic regarding the outlook for the next 6-12 months as COVID-19 vaccines become more widely distributed.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.