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Nick Timiraos cites Fed's Beige Book: Firms expect further price increases due to energy and tariff uncertainty
Nick Timiraos cited the Federal Reserve's Beige Book, stating that firms in several Districts reported persistent uncertainty regarding energy and tariffs. They anticipate further price increases in the coming months as existing contracts expire and they must renegotiate hedge contracts for inputs and/or delivery contracts to customers.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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