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Federal Reserve Bank of San Francisco Issues Beige Book on on Jan. 14, 2026
January 16, 2026
WASHINGTON, Jan. 16 -- The Federal Reserve Bank of San Francisco issued the following Beige Book on Jan. 14, 2026:

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Summary of Economic Activity

Economic activity in the Twelfth District expanded modestly during the mid-November through December reporting period. Employment levels were largely stable, although some contacts reported recent and planned layoffs. Wages grew somewhat, and the rate of price increases intensified in recent weeks from a modes . . .

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