Tighter financing and high oil prices dominate Fed Beige Book
But strong variations exist between districts
A staffing agency in the district covered by the Federal Reserve Bank of Dallas reported that its artificial intelligence agents had recently conducted more than 180 hours of interviews over two days, but that the company lacked the workers to review them. Meanwhile, a regional grocery chain in the Federal Reserve Bank of Richmond’s district said the cost of transporting a head of lettuce from California was now higher than the cost of the vegetable itself.
These were just two of the wide variety
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