Fed Survey Reveals Growing Pessimism Among US Companies

24.05.30 News

U.S. firms have become more pessimistic about the economic outlook despite continued expansion from early April to mid-May, according to a Federal Reserve survey. Weakened consumer demand and modestly increasing inflation are key concerns, as the job market gradually cools. The Fed’s Beige Book survey highlights varying conditions across industries and regions, influencing central bankers’ decisions on maintaining current interest rates.

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