Fed's survey finds recovery in most areas

The Federal Reserve's Beige Book, released on Wednesday 15 October, said "On balance, the pace of economic expansion has picked up since the last report". The Current Economic Conditions survey, known as the beige book, is a key report used by the FOMC when deciding interest rates.

Source: Associated Press

Economic activity was accelerating in early fall with consumer spending strong in most parts of the country and even the nation's beleaguered manufacturing sector showing signs of life, the

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