empty
 
 
You are about to leave
www.instaforex.eu >
a website operated by
INSTANT TRADING EU LTD
Open Account

17.01.201908:41 Forex Analysis & Reviews: What did the Fed say? (Report "Beige Book" from 01/16)

Long-term review
This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

The general state of the economy: Growth "moderate" and "very moderate" in 9 Federal Districts out of 13.

Total sales are growing but auto sales have not increased. Most counties report slower growth, especially in the automotive and energy sectors.

Labor market: Most districts mark a strong demand for labor and difficulty finding workers of all qualifications. Salaries are growing for all categories of workers. Some firms are forced to limit their activities due to a shortage of workers (construction sector).

Prices: Dynamics mixed. Costs of companies are growing, but they cannot raise retail prices due to high competition. General prices are rising slightly, but energy prices have decreased, prices for agricultural goods are not growing.

Rising property prices in the private sector.

Note: The beige book Fed report on the state of the US economy is standardly published exactly 14 days before the Fed's decision on rates.

Jozef Kovach
Analytical expert of InstaForex
© 2007-2024

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.




You are now leaving www.instaforex.eu, a website operated by INSTANT TRADING EU LTD
Can't speak right now?
Ask your question in the chat.

Turn "Do Not Track" off