Fed Beige Book: Economic Outlook Leaning Neutral to Slightly Pessimistic

BlockBeats News, July 17th, the Federal Reserve released the Beige Book: From late May to early July, economic activity saw a slight increase. The economic outlook is neutral to slightly pessimistic, with only two regions expecting economic activity to grow, while other regions anticipate activity to remain steady or weaken slightly. Prices were generally seen to rise across the districts, with seven districts describing price growth as mild and five districts as moderate, overall consistent with the previous report. (FOREX)