Fed Beige Book Suggests Stagnant US Economy with Uneven Consumer Spending

Nov 27 2025 bitcoin


The Federal Reserve's latest Beige Book reveals a stagnant US economy with minimal business activity changes, declining consumer spending among lower-income households, and emerging risks of slower growth ahead. Consumer spending has dropped sharply for low- and middle-income groups, while high earners continue unaffected. Business outlooks remain flat, with some districts noting increased caution due [...]

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