Global Economic News

Fed's Beige Book Says Economy Expanded Modestly, Price Growth Moderate

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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by RTTNews Staff Writer

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