Fed's Beige Book Says U.S. Economy Expanded At Modest Pace

With the Federal Reserve's next monetary policy decision looming, the central bank's Beige Book released Wednesday said the U.S. economy expanded at a modest pace through the end of August.

The Beige Book, a compilation of anecdotal evidence on economic conditions in the twelve Fed districts, will be used by Fed officials to make their decision on interest rates at a two-meeting on September 17th and 18th.

by RTTNews Staff Writer

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