Analysts at Nomura note that the July Beige Book of Fed indicated steady growth across most districts although tariff concerns remain elevated. Key Quotes “In particular, “manufacturers in all Districts expressed concern about tariffs and in many Districts reported higher prices and supply disruptions that they attributed to the new trade policies.” Most other anecdotal evidence was as expected: the labor market remains tight with “modest to moderate” wage growth but specific shortages (e.g., truck drivers) may be constraining growth.” “The pass-through from rising input prices to consumer prices remains “slight to moderate” indicating that for now, firms may be absorbing higher input costs. Inflation overall remains “modest to moderate.” Taken altogether, the Beige Book is consistent with incoming data and our overall view of US economic activity. The national economy remains on firm ground (our Q2 tracking estimate is at 4.6% q-o-q saar) but concern around tariffs and US trade policy is acute.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CNY hits one-year high FX Street 5 years Analysts at Nomura note that the July Beige Book of Fed indicated steady growth across most districts although tariff concerns remain elevated. Key Quotes "In particular, "manufacturers in all Districts expressed concern about tariffs and in many Districts reported higher prices and supply disruptions that they attributed to the new trade policies." Most other anecdotal evidence was as expected: the labor market remains tight with "modest to moderate" wage growth but specific shortages (e.g., truck drivers) may be constraining growth." "The pass-through from rising input prices to consumer prices remains "slight to moderate" indicating that for now, firms may be… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
