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25.07 - 02:09
U.S. Economy Slows in Several Parts of the Country, Fed’s Beige Book Says
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wsj.comSeveral parts of the country showed signs of slowdown in recent weeks and price increases remained significant as the U.S. economy continued to modestly expand, the Federal Reserve said in a report.
Throughout the country, prices for food and energy rose, according to the beige book, which is a compilation of economic anecdotes collected through July 13. The latest publication released Wednesday comes as inflation hit 9.1% in June, a four-decade high.
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