Economy grows ‘modestly,’ with consumers wary of rising prices: Fed
“Input price pressures were notably elevated in manufacturing and construction,” the Fed said in a survey of its 12 district banks.
“Input price pressures were notably elevated in manufacturing and construction,” the Fed said in a survey of its 12 district banks.
BELLINGS Intelligence Score: 60
Why it matters
The Fed's report indicating modest economic growth alongside elevated input price pressures signals a meaningful monetary-policy signal that could influence rate expectations and credit conditions for sophisticated finance professionals.
Sources
CFO Dive
Economy grows ‘modestly,’ with consumers wary of rising prices: Fed
“Input price pressures were notably elevated in manufacturing and construction,” the Fed said in a survey of its 12 district banks.