Here comes the Beige Book ...
Thomson Reuters
Yellen testifies before the Senate Banking Committee at Capitol Hill in Washington
It's a compilation of economic anecdotes from across the Fed's 12 districts and covers various areas ranging from real estate to employment. It's prepared ahead of the Fed's policy meetings and informs the discussions that take place.
"We expect it to contain mostly upbeat comments about the health of the economy, highlighted by job growth, wage growth, and a strong housing market," said Aaron Kohli, a director of fixed income at BMO Capital Markets, in a note.
"The report will likely also touch on some weaknesses, notably low inflation, a strong dollar, and a weak industrial sector."
The focus of markets right now, however, is on what the Fed does at its upcoming meeting from September 20-21. Most market participants anticipate that the Federal Open Markets Committee will hold off on raising interest rates until its meeting in December.
Next Story
A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single 
2 states where home prices are falling because there are too many houses and not enough buyers
"To sit and talk in the box...!" Kohli's message to critics as RCB wrecks GT in IPL Match 45
7 Nutritious and flavourful tiffin ideas to pack for school
India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
Top 5 places to visit near Rishikesh
Indian economy remains in bright spot: Ministry of Finance
