The Fed Beige Book supports the view that interest rate cuts will take time
2025-04-23 18:53:01
The Fed's Beige Book said US employment was "resilient" and prices were rising at a moderate, moderate or unchanged pace. The comments are likely to support the view that a rate cut will take some time. "Economic activity has been little changed since the last report, but uncertainty surrounding international trade policy is prevalent in the report," it noted.
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