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Beige Book: Economy Expanded at Modest Pace Late 2021

FED
Fed Board Beige Book released: Overall economic activity expanded modestly into 2021 year end, labor markets remain tight and wages "were particularly strong, compensation growth remained well above historical averages across industries, across worker demographics, and across geographies.
  • Contacts from most Federal Reserve Districts reported solid growth in prices charged to customers, but some also noted that price increases had decelerated a bit from the robust pace experienced in recent months.

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