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Douglas Sacha/Getty Images(NEW YORK) U.S. economic activity changed little in recent weeks as hiring stalled, prices grew modestly and the private sector feared uncertainty tied to the 2024 election, a Federal Reserve report released on Wednesday showed.

A rosy outlook nevertheless pervaded the findings, since industry officials anticipated interest rate cuts this year, the report said.

On the whole, the report depicts an economy that has downshifted from blistering growth in the middle of last year, slowing hiring and putting the brakes on price increases.

The report, known as the Beige Book, detailed economic conditions in 12 different regions known as "districts" based on the results of interviews with businesses by local Fed officials.

The fresh information suggests that a prolonged period of high interest rates has succeeded in cooling the economy, which could reinforce the Fed s plans to cut rates in the coming months.

Private se ....

Ellen Zentner , Christopher Waller , Douglas Sacha Getty , Morgan Stanley , Federal Reserve , Bureau Of Labor Statistics , Beige Book , Labor Statistics , Reserve Governor Christopher Waller , Radio Station , Ews Talk , Rhode Island , Adk Am , 540 Am , 01 1 Fm , 01 1 , Igh School Sports , Alk Of The Town , Potlight On Giving , Ig Ticket , Rish Hour , Unday Swingtime , Morning Report , Great Escape ,

ABC Business - WOND

Douglas Sacha/Getty Images(NEW YORK) U.S. economic activity changed little in recent weeks as hiring stalled, prices grew modestly and the private sector feared uncertainty tied to the 2024 election, a Federal Reserve report released on Wednesday showed.

A rosy outlook nevertheless pervaded the findings, since industry officials anticipated interest rate cuts this year, the report said.

On the whole, the report depicts an economy that has downshifted from blistering growth in the middle of last year, slowing hiring and putting the brakes on price increases.

The report, known as the Beige Book, detailed economic conditions in 12 different regions known as "districts" based on the results of interviews with businesses by local Fed officials.

The fresh information suggests that a prolonged period of high interest rates has succeeded in cooling the economy, which could reinforce the Fed s plans to cut rates in the coming months.

Private se ....

Douglas Sacha Getty , Christopher Waller , Ellen Zentner , Morgan Stanley , Federal Reserve , Bureau Of Labor Statistics , Beige Book , Labor Statistics , Reserve Governor Christopher Waller , Ond Am , Ews Talk , Atlantic City , New Jersey , South Jersey , Adio You Can Depend On , Ackie Parks ,

Business - Carroll Broadcasting Inc.

Douglas Sacha/Getty Images(NEW YORK) U.S. economic activity changed little in recent weeks as hiring stalled, prices grew modestly and the private sector feared uncertainty tied to the 2024 election, a Federal Reserve report released on Wednesday showed.

A rosy outlook nevertheless pervaded the findings, since industry officials anticipated interest rate cuts this year, the report said.

On the whole, the report depicts an economy that has downshifted from blistering growth in the middle of last year, slowing hiring and putting the brakes on price increases.

The report, known as the Beige Book, detailed economic conditions in 12 different regions known as "districts" based on the results of interviews with businesses by local Fed officials.

The fresh information suggests that a prolonged period of high interest rates has succeeded in cooling the economy, which could reinforce the Fed s plans to cut rates in the coming months.

Private se ....

Douglas Sacha Getty , Christopher Waller , Ellen Zentner , Bureau Of Labor Statistics , Morgan Stanley , Federal Reserve , Beige Book , Labor Statistics , Reserve Governor Christopher Waller , Awas , 04 7 , West Branch , P North , Awas Bay ,

US hiring stalled and prices increased modestly in recent weeks, Fed report says

US hiring stalled and prices increased modestly in recent weeks, Fed report says
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Christopher Waller , Ellen Zentner , Douglas Sacha Getty , Bureau Of Labor Statistics , Federal Reserve , Morgan Stanley , Beige Book , Labor Statistics , Reserve Governor Christopher Waller ,

US hiring stalled and prices increased modestly in recent weeks, Fed report says

US hiring stalled and prices increased modestly in recent weeks, Fed report says
yoursourceone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yoursourceone.com Daily Mail and Mail on Sunday newspapers.

Douglas Sacha Getty , Christopher Waller , Ellen Zentner , Bureau Of Labor Statistics , Federal Reserve , Morgan Stanley , Beige Book , Labor Statistics , Reserve Governor Christopher Waller ,