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NEW: US Fed flags expectations of 'slower growth' in economy https://t.co/VOpyiGJrjL
ICYMI - Fed's Beige Book eyes growth slowing, consumers tightening belts https://t.co/la2orYtGzc
Latest beige book from the Fed is out: "Expectations for the future of the economy were for slower growth over the next six months due to uncertainty around the upcoming election, domestic policy, geopolitical conflict, and inflation" https://t.co/827H32XA8F
The Federal Reserve's latest Beige Book report indicates expectations for slower economic growth over the next six months. The report cites uncertainty surrounding the upcoming election, domestic policy changes, geopolitical conflicts, and persistent inflation as key factors contributing to this outlook. Additionally, it highlights that consumers are tightening their spending habits, reflecting broader concerns about economic conditions.