Fed’s beige book for October is released. A little good/a little not so good is the theme. | Forexlive – WHERE FOREX NEWS LIVES

Fed’s beige book for October is released. A little good/a little not so good is the theme. | Forexlive


  • The Feds Beige Book outlines anecdotal financial tendencies

For the complete report CLICK HERE

On employment

  • Employment continued to rise at a modest to average tempo in most Districts.
  • Several Districts reported a cooling in labor demand, with some noting that companies had been hesitant so as to add to payrolls amid elevated issues of an financial downturn.
  • There had been additionally scattered mentions of hiring freezes

On costs:

  • Price development remained elevated, although some easing was famous throughout a number of Districts.
  • Significant enter worth will increase had been reported in quite a lot of industries, although some declines in commodity, gasoline, and freight prices had been famous.
  • Growth in promoting costs was blended, with stronger will increase reported by some Districts and a moderation seen in others.
  • Some contacts famous strong pricing energy over the previous six weeks, whereas others stated price passthrough was turning into tougher as prospects push again.
  • Looking forward, expectations had been for worth will increase to usually average.

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