Fed Beige Book Says Iran War Driving New Wave of Uncertainty

US economic activity continued to increase at a slight-to-modest pace across most regions as the war with Iran generated a new wave of uncertainty and higher energy costs, the Federal...

By Bloomberg Markets · Bloomberg Markets

US economic activity continued to increase at a slight-to-modest pace across most regions as the war with Iran generated a new wave of uncertainty and higher energy costs, the Federal Reserve reported in its Beige Book survey of regional business contacts. Mike McKee reports. (Source: Bloomberg)