Fed Beige Book Shows Economic Collapse in April as Measures to Tame the Pandemic Intensify

<p>Today’s Beige Book reaffirmed that economic activity fell sharply in April across all Federal Reserve Districts as a result of COVID-19 and the measures to contain it. However, there were nascent signs of slight improvement in May. The report confirmed that activity slumped across most sectors of the economy, something that we already knew from […]</p>
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