- Fed’s Beige Book: falling oil prices have been cost jobs in the U.S.
Market news
16 April 2015
Fed’s Beige Book: falling oil prices have been cost jobs in the U.S.
The Federal Reserve released its Beige Book on Wednesday. The Fed said that falling oil prices have been cost jobs in the U.S. But the U.S. economy expanded moderately in the period February through March.
The U.S. manufacturing sector was hurt by the strong dollar and a cold winter.
Labour markets remained stable or continued to strengthen.
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