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Dec 5, 2024
Beige Book: Fed districts report slight growth, rising business optimism for 2025
The Federal Reserve (Fed) commented in its latest Beige Book survey released on Wednesday that US economic activity increased slightly in November after little change in preceding months, and US businesses grew more upbeat about demand prospects.
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Dec 5, 2024
Fed’s Daly: No urgency to decrease interest rates
Federal Reserve Bank of San Francisco President Mary Daly said on Wednesday that the central bank does not need to be urgent on rate cuts and more work ahead to achieve 2% inflation and lasting growth.
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