US economic activity slightly increased from early Jan to late Feb.

US economic activity increased slightly from early Jan to late Feb, according to the Federal Reserve's Beige Book. The report, based on anecdotal evidence from the Fed's 12 districts, shows a mixed picture on inflation and the job market. Fed Chair Jerome Powell has stated that it's unclear when the Fed will cut interest rates, as further progress on inflation is not guaranteed.

March 06, 2024
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