Investing.com | May 27, 2020
The Federal Reserve's Beige Book is a report on current economic conditions in each of the 12 Federal districts in the U.S.
It gives a picture of economic trends and challenges in the U.S. It is released 8 times a year, 2 weeks before each Federal Open Market Committee meeting. The report is used by the FOMC in their decision on short-term interest rates.
An optimistic outlook should be taken as positive/bullish for the USD, while a pessimistic outlook should be taken as negative/bearish for the USD.
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