Federal Reserve Beige Book: Slow Growth, Tariff Worries Shake Markets
Federal Reserve’s Beige Book: Slight Growth and Growing Tariff Concerns
The latest Beige Book report highlights **slight U.S. economic growth**, with mixed conditions across Federal Reserve Districts. Consumer spending remains weak, while job gains persist in healthcare and finance. Manufacturing sees modest increases, but **tariff concerns** and **monetary policy restrictions** pose challenges. The Fed’s cautious approach aims to balance inflation and employment, with GDP growth projected at **2.4%** for 2025. Businesses remain wary as **trade uncertainties** and **interest rate decisions** shape the economic outlook.