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Fed 'Beige Book' economic report cites declining growth, rising prices and slow hiring
cnbc.com/2025/06/04/fed-beige-book-economic-report-cites-declining-growth-rising-prices-and-slow-hiring.html
The U.S. economy contracted over the past six weeks as hiring slowed and consumers and businesses worried about tariff-related price increases, according to a Federal Reserve report Wednesday.
In its periodic "Beige Book" summary of conditions, the central bank noted that "economic…
This story appeared on cnbc.com, 2025-06-04 18:36:39.