Economic activity in the U.S. has expanded modestly since early September, according to the Federal Reserve's Beige Book, although the report noted conditions varied across industries and districts.
The Beige Book, a compilation of anecdotal evidence on economic conditions in each of the twelve Fed districts, said four districts saw flat activity and two cited declines, with slowing or weak demand attributed to higher interest rates, inflation, and supply disruptions.
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Forex News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.