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Powell: Fed Beige Book Shows Moderate Economic Growth, But Not Fast

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2025-09-23 17:47:35
Fed Chairperson Jerome Powell said the Fed's Beige Book showed moderate growth, but not fast growth; the Beige Book did not show significant regional differences; the risks to employment and inflation require different responses, and the Fed must weigh the pros and cons. By the next meeting, the labor market, economic growth data and inflation data will be reviewed to determine whether policy is in the right place.
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