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Fed's Beige Book Notes Modest Economic Growth, Substantial Inflation

With the Federal Reserve's next monetary policy decision looming toward the end of the month, the central bank released its latest Beige Book on Wednesday.

The Beige Book, a compilation of anecdotal evidence on economic conditions in each of the twelve Fed districts, noted U.S. economic activity has expanded at a modest pace since mid-May.

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by RTTNews Staff Writer

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