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Fed reports modest US growth, but Middle East conflict raises uncertainty and costs.
US economic growth remained modest and stable in most regions according to the Federal Reserve’s latest Beige Book.
However, the ongoing conflict in the Middle East has introduced significant uncertainty, causing businesses to delay hiring and investments while sharply raising energy costs and disrupting supply chains.
Despite these headwinds, consumer spending showed resilience, though some sectors reported weakening demand.
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La Fed informa de un modesto crecimiento en EE.UU., pero el conflicto de Oriente Medio aumenta la incertidumbre y los costos.