Fed's Beige Book says US growth up a notch

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.

Source: Reuters

The U.S. economy has picked up pace over the past six weeks and optimism is rising even within the long-suffering manufacturing sector