Beige Book: US markets remain cautious amidst volatile pricing environment

Sluggish economic activity across the US was largely attributed to uncertainty caused by tariff policies and growing cost pressures, according to the US Federal Reserve’s (The Fed) latest Beige Book report.  

The Fed’s latest economic report, posted on Sept. 3, consists of economic findings from the six weeks preceding Aug. 25 throughout 12 districts. Economic activity varied by region, but overall economic activity expanded as the labor market slipped slightly. Even as some regional economies showed expansion, tariff-driven rising prices on inputs and consumer goods are inviting market cautiousness.