The Federal Reserve Board, the central bank of the United States, has released its latest economic report, pointing out that although prices have risen in most districts, the pace of rise has slowed in many districts.

On the 18th, the Fed released the latest economic report called "Beige Book" compiled by 12 regional Fed banks across the United States.



Regarding the current state of the economy, in the previous survey, economic activity since the end of November last year has slightly or moderately strengthened in 5 districts; There is one district that has been affected, and as a whole it has remained relatively unchanged.



Looking ahead, he said he expects little growth in the next few months.



Although prices rose slightly or moderately in most districts, the pace of increase slowed in many districts.



About the background ▽ Consumers have become more price sensitive, making it difficult for many retailers to pass on cost increases to product prices ▽ To eliminate excess inventory at some retailers , said it had made a bigger discount than a year ago.



Based on this report, the FRB plans to hold a meeting to decide monetary policy for two days from the 31st of this month, and attention will be paid to the impact on future interest rate hike decisions.