Fed 'Beige Book' economic report cites declining growth, rising prices and slow hiring

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  Posted by Two Blokes Jun 4 - Filed in General - #TwoBlokesTrading  - 8 views
  
  The U.S. economy contracted over the past six weeks as hiring slowed and consumers and businesses worried about tariff-related price increases, the Fed reported. On inflation, the report described prices as rising "at a moderate pace and " widespread reports of contacts expecting costs and prices to rise at a faster rate going forward.