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Beige Book

 

Definition: This is a document containing information on how regional Federal Reserve branches view the economic climate in their area. This information is considered by the Federal Open Market Committee (FOMC) when deciding upon interest rates.

 

 

Additional Info: Interest rates are very closely watched by speculators around the world and US interest rates have a bearing on the value of the US Dollar.

Related Terms: FOMC Interest Rate Statement - FOMC Meeting Minutes

 

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