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Federal Reserve Bank of St. Louis Issues Beige Book on June 4, 2025
June 23, 2025
WASHINGTON, June 23 -- The Federal Reserve Bank of St. Louis issued the following Beige Book on June 4, 2025:

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Summary of Economic Activity

Economic activity has remained unchanged since our previous report. Employment levels were unchanged, and wage growth has been modest. Prices continued to increase moderately, and most contacts expecting higher nonlabor costs due to tariffs indicated they would pass the costs along to customers. Contacts expressed . . .

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