Category
- Agriculture
- Automobiles and Machinery
- Bank, non banking financing, investment
- Blasting
- Construction
- Consumables
- Education
- Energy
- Engineer , Architecture and Geodesy
- Finance, Audit,Accounting and Brokerage
- Food
- Foreign Trade
- Geology Exploration
- Health
- Information Technology
- Insurance
- Labor Safety
- Legal and Business consulting
- Lighting
- Mining equipment
- Mining Services
- Other product and service
- Road
- Sewing and textile products
- Transportations
- Travel
Events
FED Beige Book: US economy expands www3.nhk.or.jp
The US Federal Reserve says the country's economy continues to expand, raising speculation that the central bank will increase its key interest rate by the end of this year.
The Fed released its latest Beige Book on Wednesday. The report is based on surveys of businesses conducted by the bank's 12 districts.
It says overall consumer spending was mixed between late August and early October, but retail sales increased in a majority of districts.
Employment expanded at a moderate pace, while labor market conditions remain tight across most districts.
Some districts reporting labor shortages are putting upward pressure on wages in certain sectors.
The Beige Book cites concerns among some Fed officials that uncertainty over economic policies of the next administration could affect personal consumption.
Financial market players expect that Fed policymakers will not raise the interest rate at their next meeting in November, which will be held one week before the presidential election.
Speculation is growing that the central bank will decide on the first rate increase in a year in December.
Published Date:2016-10-20
