Beige Book Flashes Multiple Warnings About Who Pays for Tariffs

Companies are ramping up warnings about the effects tariffs may have on bottom lines — and consumers

The impact from tariffs has so far been most immediately felt in financial markets, with stocks erasing nearly a year’s worth of gains amid fears of an economic growth slowdown or outright recession.

Beige Book Flashes Multiple Warnings About Who Pays for Tariffs

Not since US President Donald Trump’s first term have American businesses been this vocal about the impact of higher tariffs. In fact, they have more than twice as much to say as they did during the US-China trade war of 2018-19.

Tariff-induced price hikes, trade worries highlighted in Fed's Beige Book

A new report from the Federal Reserve showed that U.S. businesses are reporting increased costs due to tariffs, which they expect to largely pass on to consumers in the form of higher prices.The Federal Reserve on Wednesday released its latest edition of the Beige Book, which summarizes economic conditions in each of the Fed's 12 regional districts and is published eight times a year. Uncertainty over international trade policy is "pervasive" an…

Fed's Beige Book: Tariff uncertainty raising costs in U.S.

The U.S. Federal Reserve on Wednesday released its latest edition of the Beige Book to summarize economic conditions and prospects based on a variety of mostly qualitative information, gathered directly from its 12 regional districts.

Warnings about a recession and market pressure dent in Washington. Lagarde warns that tariff chaos has already deteriorated the pace of growth in the euro area. Read

Federal Reserve Surveys Reveal Deepening Concerns Among U.S. Manufacturers

Surveys from regional Federal Reserve banks are beginning to reflect mounting anxiety within the U.S. manufacturing sector, as the economic effects of President Trump’s expansive new tariffs ripple across industries.