1. And in Washington, the Fed releases its periodic survey of regional economic activity, the so-called beige book. 2. Another report Wednesday, a regional survey by the Fed known as the beige book, had little impact on the market. 3. Bonds pared an early gain after the Fed released its so-called beige book of regional economic conditions. 4. A separate survey conducted periodically by the central bank -- the so-called beige book -- found little evidence of price pressures in the region. 5. But the Fed in its beige book, a periodic survey of economic activity across the country, reported sluggish sales and continued weakness in manufacturing. 6. Costs of materials used in manufacturing and wages were unlikely to drive inflation rates higher anytime soon, the beige book hinted. 7. Donne noted that after the noon release of the beige book, the Chicago Fed released its Midwest manufacturing index, which is not routinely followed. 8. Federal Resere releases beige book. 9. Even so, the beige book was not expected to significantly change economic forecasts. 10. In its deliberations, the FOMC consults internal and confidential documents on economic activity and potential policy actions, in addition to the beige book. |