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Who prepared the June 4, 2014, Beige Book and when was the information collected?
What is the overall economic assessment being made for the USA as a whole?
The Update of the June 4th, 2014 Beige Book was prepared at the Federal Reserve Bank of New York. The information is collected 6 weeks prior to each anticipated Federal Open Market Committee (FOMC) meeting for this report it was placed together the day or a bit earlier than the 23rd of May 2014. Each of the 12 regional Federal Reserve Banks develops a survey for their contacts. These sources not only include the Reserve Bank and the directors of each branch, but also extensive large group of business contacts, market experts and economists. The overall economic assessment that was made in regards of the U.S. as whole continues to be a slow progression in the right direction. Economy is slowly but surely is recovering from the recession (Beige Book).
Attachment:- 622531_1_Roy-J-ECO-310-Assignment-10-RD1.docx
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