Inside these posts: Fed Beige Book

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Fed report casts sluggish economy in beige

The U.S. economy grew sluggishly in recent weeks with scant inflation pressures, and employers were reluctant to hire or invest amid economic and policy uncertainties, the Federal Reserve said Wednesday.

The U.S. central bank’s Beige Book provided further evidence the economy is stuck in a weak recovery that is failing to generate jobs. Get the full story »