The Federal Reserve published its influential Beige Book on Wednesday. The report said the US economy picked up somewhat since it was last published and even the long-suffering manufacturing industry has increased optimism, Reuters reported. The Beige Book forms a key part of the FOMC's deliberations and may reduce pressure for further rate cuts.
The U.S. economy has picked up pace over the past six weeks and optimism is rising even within the long-suffering manufacturing sector
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