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08.11 - 17:37
U.S. Growth Slowed in Recent Months, Fed Beige Book Says
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U.S. economic growth slowed to a modest to moderate rate this fall as companies grappled with supply-chain problems, a labor shortage and continued fears around the Delta variant of Covid-19, the Federal Reserve said Wednesday.
Businesses were also burdened with “significantly elevated prices” due to higher costs for raw materials and shipping, and many said they passed those price increases on to their customers.
Read more on wsj.comAbout this in other media
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