Here comes the Beige Book ...
Thomson Reuters
It will contain anecdotes from the Fed's 12 regional districts on various aspects of their local economies, including housing, consumer spending and employment.
These anecdotes will inform the discussion at the Fed's policy meeting from April 26-27, when it is expected to leave its benchmark rate unchanged.
On the labor market, Tara Sinclair, chief economist at Indeed, said in a preview: "We expect relatively strong growth across the 12 districts considered in the Federal Reserve's Beige Book. While there continues to be concern about low labor force participation and stagnant wages, job gains in 2016 have been strong, and the March employer demand for workers shows the hiring is likely to continue."
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