Fed Beige Book says prices rose moderately across all 12 districts

Nine districts reported moderate price growth, two saw robust increases and one slight, while all districts said inflation was unchanged or slower than in the prior period.

Summary

The Federal Reserve’s Beige Book showed price increases across all 12 districts, with nine reporting moderate growth, two robust and one slight. Every district said inflation was running at the same pace or slower than in the prior period, reinforcing a disinflation trend as the U.S. central bank gauges underlying price pressures across regional economies.

Terms & Concepts
  • Federal Reserve: U.S. central bank
  • Beige Book: Fed survey of regional economic conditions
  • disinflation: Slowing pace of inflation, not falling prices