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Fed Beige Book Shows High Oil Prices Have Broad Economic Impact

36KrOctober 15, 20261 min read

The Federal Reserve's latest survey of economic conditions, released on the 14th, indicates that during the period from August 25 to October 5, high oil prices have put broad upward pressure on prices across the U.S. and are having widespread effects on the economy. Compiled from recent surveys of the 12 Federal Reserve Banks covering the nation's 12 districts as required by the Federal Reserve Act, this report is also known as the 'Beige Book'. (CCTV News)

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