Fed Beige Book Highlights Resilient Manufacturing, Consumer Spending Divide and Persistent Cost Pressures
CNW CurrenSees Exploring the policies, markets and global events influencing currencies and the movement of money worldwide Federal Reserve districts reported slight to moderate economic growth, led by continued strength in manufacturing activity. Consumer spending remained mixed, with higher-income households showing resilience while middle- and lower-income consumers faced increasing financial strain. Rising energy-related costs tied to Middle East tensions were cited as a key driver of inflationary pressures across multiple sectors. June 4, 2026 – via CurrencyNewsWire -- According to the Federal Reserve's latest Beige Book, economic activity expanded at a slight to moderate pace across most Federal Reserve districts, supported by continued strength in…