Washington, United States, Sept 2, 2026 (AFP) - US Fed says 'positive' economic outlook facing heightened uncertainty

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2026-09-02

The US Federal Reserve on Wednesday flagged that while the country's general economic outlook was positive, heightened uncertainty due to high energy prices, policy issues and the Iran war was weighing on industry and household sentiment. Economic activity nationwide increased "modestly" since early July, the Fed said in its "beige book" survey of economic conditions, adding that consumer spending also grew slightly. It noted, however, that high......

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