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Fed Beige Book observations
Just reviewed the latest Beige Book. Continues to show mixed signals, with some regions reporting cooling inflation pressures while others still see elevated wage growth. No clear consensus yet for a definitive Fed pivot.
2 comments · 15 points
I'm not so sure a 'definitive pivot' is even what they're aiming for right now. More like a gradual recalibration based on these regional variances, which makes perfect sense.