U.S. Economy Largely Unchanged As Inflation Takes a Toll, Fed's Beige Book Says

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U.S. Economy Largely Unchanged As Inflation Takes a Toll, Fed's Beige Book Says

Seeking Alpha2022-09-08

U.S. economic activity was unchanged since early July, according to the Federal Reserve's BeigeBookreport released on Wednesday. That compares with the "modest pace" indicated in the central bank's ...

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Jess261
·2022-09-08
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robot1234
·2022-09-08
Market bracing for another three-quarter point hike from the Fed this month. The probability of a three-quarter point hike this month moved to 82% on Wednesday morning, according to the CME Group.As traders ramped up their bets on Fed tightening, stock market futures turned slightly negative after being higher. That follows a series of positive economic data and statements from Fed officials indicating that tight policy is likely to persist well into the future. In a pivotal speech Aug. 26, Fed Chairman Jerome Powell warned that increases will proceed and higher rates likely will stay in placeEven as traders ramped up their bets on Fed tightening, stocks were higher shortly after the market open. A Wall Street Journal report noting the likelihood of a 0.75 percentage point increase coincid
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BullishKing
·2022-09-08
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That compares with the \"modest pace\" indicated in the central bank's ...</p>\n\n<a href=\"https://seekingalpha.com/news/3880945-us-economy-largely-unchanged-as-inflation-takes-a-toll-feds-beige-book-says\">Source Link</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Economy Largely Unchanged As Inflation Takes a Toll, Fed's Beige Book Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Economy Largely Unchanged As Inflation Takes a Toll, Fed's Beige Book Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-08 02:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3880945-us-economy-largely-unchanged-as-inflation-takes-a-toll-feds-beige-book-says><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. economic activity was unchanged since early July, according to the Federal Reserve's BeigeBookreport released on Wednesday. That compares with the \"modest pace\" indicated in the central bank's ...</p>\n\n<a href=\"https://seekingalpha.com/news/3880945-us-economy-largely-unchanged-as-inflation-takes-a-toll-feds-beige-book-says\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://seekingalpha.com/news/3880945-us-economy-largely-unchanged-as-inflation-takes-a-toll-feds-beige-book-says","article_id":"1124659863","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1124659863","pubTimestamp":1662573944,"sourceInfo":null,"weMediaInfo":null,"summary":"U.S. economic activity was unchanged since early July, according to the Federal Reserve's BeigeBookr","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"美联储褐皮书称，由于通胀造成损失，美国经济基本保持不变","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"U.S. economic activity was unchanged since early July, according to the Federal Reserve's BeigeBookreport released on Wednesday. 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The probability of a three-quarter point hike this month moved to 82% on Wednesday morning, according to the CME Group.As traders ramped up their bets on Fed tightening, stock market futures turned slightly negative after being higher. That follows a series of positive economic data and statements from Fed officials indicating that tight policy is likely to persist well into the future. In a pivotal speech Aug. 26, Fed Chairman Jerome Powell warned that increases will proceed and higher rates likely will stay in placeEven as traders ramped up their bets on Fed tightening, stocks were higher shortly after the market open. A Wall Street Journal report noting the likelihood of a 0.75 percentage point increase coincid","text":"Market bracing for another three-quarter point hike from the Fed this month. 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