UBS On-Air: Paul Donovan Daily Audio 'Beige flags'

16/10/2025 2 min

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Episode Synopsis

The Federal Reserve’s Beige Book of economic anecdotes was not affected by the absence of a functioning government. There was evidence of prices reacting to trade tariffs, and a sense of labor market fragility. However, it is possible that elements of political partisanship are being captured in some of the reported concerns.

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