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Federal Reserve Bank of San Francisco Issues May 2026 Beige Book
June 04, 2026
WASHINGTON, June 4 -- The Federal Reserve Bank of San Francisco issued the following May 2026 Beige Book:

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Summary of Economic Activity

Economic activity in the Twelfth District remained largely stable during the April through mid-May reporting period. Employment levels were generally unchanged, with most employers holding head counts flat and hiring selectively. Wages rose slightly. Prices increased moderately, largely driven by higher fuel costs due . . .

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