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Beige Book Shows Slowing Growth, Hot Water Over Trading

The Fed released its Beige Book, which is published 8 times each year. The document is primarily anecdotal information on economic conditions by district. Given, the different specialization in regional economies it is a nuanced look at the US economy at a more granular level and we always find it to be useful information.

Many critics of Powell’s most recent speech that focused on bolstering the transitory narrative pointed out that despite his dismissal, the Beige Book had been picking up ane...

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