🧵 1. US economic activity slightly increased, with slow growth expected in coming months, says Fed report. Inflation pressures show signs of easing. #finance
🧵 1. US economic activity slightly increased, with slow growth expected in coming months, says Fed report. Inflation pressures show signs of easing. #finance
🧵 2. "Price expectations stable or lower in the next months," says Fed report. Employment continues to grow modestly, while wage increases return to pre-pandemic levels in some districts.
🧵 3. Some districts report growth, others no change or modest declines, according to Fed's Beige Book. Economy adjusting differently to interest rate increases across regions and sectors.
🧵 4. Commercial real estate faces ongoing challenges due to remote work shift, says Fed report. Office vacancies remain high, posing potential risks to financial markets in the long run. work
🧵 Read more at: https://www.investing.com/news/economy/us-economic-activity-rose-slightly-in-recent-weeks-fed-survey-shows-3124595