Report on Articles of the Beige Book

The economy is raising and that is the reason they have decided to raise the interest rates. Consumers are spending more money and consumer spending all together has raise 1.3 percent in the last four months. Districts are saying that it looks as if the consumers will continue spending money as they have been. If they do not raise the interest rates we will have an inflation period and that will not be good on the economy. Markets are supporting the Feds in raising the interest rates because they want to charge more for their products. The best way to say would be that the demand is getting higher than the supply so they have to raise prices to control the demand and supply for the goods.…