• Fed's Beige Book: "The economy is growing rapidly, from mild to modest"

Market news

18 July 2012

Fed's Beige Book: "The economy is growing rapidly, from mild to modest"

 

    • The labor market situation improves, "barely warm" rate

    • Some companies have difficulty finding qualified workers

    • Retail sales rose marginally to A majority of districts

    • Hiring is slow due to financial uncertainty, weak demand

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