Fed Report Highlights Economic Slowdown Due to Tariff Uncertainty

Reported 2 days ago

According to a recent Federal Reserve report, businesses across the U.S. are struggling to plan for the future due to uncertainty surrounding trade policies and tariffs. The Beige Book reveals that many companies are hesitant to invest or expand, causing a slowdown in economic growth. A commercial real estate agent noted that deals are falling through as businesses feel paralyzed by unclear tariff rules. Overall, the outlook remains pessimistic, with expectations of slowing GDP growth and rising unemployment as companies navigate these challenges.

Source: YAHOO

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