Washington, June 4, 2025 (AFP) - US households, firms cautious on Trump policy uncertainty: Fed

NAMPA / AFP

2025-06-04

US households and businesses are taking a "cautious approach" to spending decisions, the Federal Reserve said Wednesday, citing heightened economic uncertainty as they grapple with President Donald Trump's policies. "Economic activity has declined slightly" in the recent weeks across districts, the US central bank said in its "Beige Book" survey of economic conditions. "All districts reported elevated levels of economic and policy uncertainty, wh......

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