Question and answer: Beige book showed modest growth but not very fast

September 23, 2025
-FXnews

Beige book showed modest growth but not very fast.
Right now is unusual. Risks to employment is to the downside and inflation is to the upside.
Over the summer labor market has softened.
Focus on inflation needs to moderate to a more balanced approach
We will look at labor market, growth data, inflation data and ask if policy is in the right place.
If policy is not in the right place, we will move it there
Aggregate households are in good shape.
It is not a time of elevated financial stability risks.
Cannot say that labor market is really solid anymore

NASDAQ index moves to new session lows.

We are not targeting prices for financial assets

Question and answer: Beige book showed modest growth but not very fast

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