Fed Beige Book: Wages generally grew at a modest pace
The Federal Reserve (Fed) Beige Book is a document released eight times a year. This document gathers anecdotal information on current economic conditions in its District from Bank and Branch directors, interviews with key business contacts, economists, market experts, and other sources.
Key quotes
Wages generally grew at a modest pace.
However, some sectors such as manufacturing and construction noted an increase in the risk of slower activity in coming months.
Economic activity was little changed since the previous report, according to most of the twelve Federal Reserve districts.
Two districts noted a modest decline and one reported modest growth.
Some optimism was noted among manufacturers.
Prices rose moderately during the reporting period.”
US Dollar Price Today
The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Japanese Yen.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.26% | -0.56% | 0.22% | -0.45% | -0.81% | -1.36% | -0.41% | |
| EUR | 0.26% | -0.30% | 0.51% | -0.19% | -0.55% | -1.10% | -0.15% | |
| GBP | 0.56% | 0.30% | 0.79% | 0.11% | -0.24% | -0.79% | 0.16% | |
| JPY | -0.22% | -0.51% | -0.79% | -0.67% | -1.02% | -1.54% | -0.63% | |
| CAD | 0.45% | 0.19% | -0.11% | 0.67% | -0.37% | -0.92% | 0.04% | |
| AUD | 0.81% | 0.55% | 0.24% | 1.02% | 0.37% | -0.55% | 0.40% | |
| NZD | 1.36% | 1.10% | 0.79% | 1.54% | 0.92% | 0.55% | 0.95% | |
| CHF | 0.41% | 0.15% | -0.16% | 0.63% | -0.04% | -0.40% | -0.95% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).
Recommended Articles
