Fed's Beige Book shows tariffs are pushing prices higher, consumers feeling the hit

The Fed's Facebook telling a story of a lackluster economy suffering from uncertainty, low hiring, and inflation. The collection of anecdotes from the around the Fed's 12 district said eeconomic activity was little change from the prior report with three districts reporting modest growth, no none seeing uh any sorry uh five seeing no change and four seeing a slight softening. The Beebook uh went on to say that consumers spending inch down on retail goods with EV demand boosting autos, leisure and hospitalit ...