Beige Book signals economy remains weak

The latest edition of the Federal Reserve's Beige Book, which charts business conditions in the 12 districts overseen by the regional Feds, indicates the pace of economic activity remains slow across most of the US.

The Cleveland and St. Louis Feds noted some weakening. But the New York and Boston Feds reported signs of stabilisation, and Kansas City a slight improvement.

Almost all Districts continued to report price pressures from elevated costs of energy, food and other commodities, although

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