Fed: Tariff Impacts Broaden as Wages Grow

The Federal Reserve stated Wednesday that the pricing effects of recent tariffs have spread through the economy, underscoring complaints from economists that the trade war between the U.S. and China was taking a toll on the economy.

Also, that same report showed the economy in general was growing modestly to moderately. More on the state of the economy from the Fed’s Beige Book from this Reuters report.

 

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