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Fed Says Tariffs Are Curbing Investment and Raising Input Costs

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Fed Says Tariffs Curbing Investment in Latest Beige Book Report

The U.S. economy is expanding at a moderate pace with tight labor market conditions and rising input costs partly due to trade disruptions, a Federal Reserve survey said.

“Tariffs were reported to be contributing to rising input costs, mainly for manufacturers,” according to the Fed report, released Wednesday in Washington.