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Federal: tariffs remain a concern but the economy continues to grow

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rocky
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Federal: tariffs remain a concern but the economy continues to grow

Post by rocky on Wed 05 Dec 2018, 2:49 pm

Federal: tariffs remain a concern but the economy continues to grow


 05 December 2018 10:35 PM
Direct : Federal Reserve Bank said that tariffs remained a source of concern for all US companies, but the economy continued to grow.
The US economy grew at a moderate to moderate pace in most states between mid-October and late November, the Fed said in its Wednesday report, Beige Book.
Retail sales grew slightly weaker, while car sales tended to improve, the bank said.
The Federal Reserve has seen signs of accelerated wage growth, pointing out that employment growth is at a modest to moderate pace.
The Fed pointed to lower oil and fuel prices and prices in general rose modestly in most regions.
The central bank said many regions had reported tight labor market and difficult access to qualified workers


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