Beige Book

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Beige Book

A report issued by the Federal Reserve Board two weeks before each FOMC meeting. The report contains anecdotal information on the state of the market and the broader economy in each region of the United States. The Beige Book is compiled from interviews with key market players including Federal Reserve Branch presidents. The Beige Book is considered a window into what the upper managers of the Federal Reserve are thinking, and, as such, it fuels speculation on what the FOMC will decide to do when it meets. The Beige Book may be designed to reduce shock (and the potential for panic) in the market after the Federal Reserve actually announces its decisions.

Beige Book.

Beige book is the colloquial name for the Federal report that is formally titled Summary of Commentary on Current Economic Conditions by Federal Reserve District.

The beige book is prepared eight times per year by the Federal Reserve Board, in preparation for the Federal Open Market Committee (FOMC) meetings, at which its members discuss the state of the economy and determine whether any changes ought to be made to the discount rate and whether the money supply should be tightened or loosened.

The report is based on information provided by each Federal Reserve Bank on its particular district and includes opinion and analysis from economists, bank directors, business people, and other market experts in each district. Economic forecasters use the beige book to predict whether and how the Fed will act after the FOMC meeting.

References in periodicals archive ?
Fed's Beige Book preview: the report could show a slightly more upbeat view on the economy from many of the regional contacts, and across most sectors, in the wake of the tax deal.
Federal Reserve's Beige Book, the BMO Blue Book combines the insights of BMO's economists with information on current national and provincial business conditions provided to BMO's commercial bankers by local business people.
The release of the Fed's Beige Book ahead of the next Federal Open Market Committee (FOMC) meeting did not deliver much surprising detail about the US economy.
US stocks held their gains after the Fed's latest Beige Book report showed that the United States' economy grew at a "slight to moderate" pace over the last several weeks across all US regions.
Several Districts reported higher construction materials costs and freight prices, while gasoline prices fell, according to the Beige Book.
The] Philippine market closed higher as the probability of a June rate hike is now below 50 percent and with new information on the latest release of the Beige Book,' said Luis Gerardo Limlingan, managing director at Regina Capital Development.
The members observationsalong with the economic data and information developed through the Federal Reserve Board's Beige Book, the St.
Commercial and multifamily real estate activity generally improved since early January, the Federal Reserve reported in its Beige Book.
The Federal Reserve Beige Book, is a report published eight times per year where each Federal Reserve Bank reports on current economic conditions in its District through reports from banks, economists, market experts, and other sources.
stocks closed lower Wednesday, with selling accelerating in late afternoon trade after oil broke below $40 a barrel and there was more evidence of a weak manufacturing sector in the Federal Reserve's (Fed) Beige Book.
The Beige Book is a Federal Reserve System report describing current business conditions in each of the Fed's 12 Districts that is released to the public two weeks prior to each meeting of the Federal Open Market Committee (FOMC), the monetary policymaking arm of the Fed.
As a result, he founded China Beige Book (CBB) International, the world's leading data analytics firm focusing on the Chinese marketplace.