Alva Review-Courier -

Fed survey finds concerns about rising trade tensions

 

September 13, 2018



WASHINGTON (AP) — The Federal Reserve reported Wednesday that its latest survey of business conditions nationwide found rising concerns over the impact Trump administration trade policies could have on the economy.

The Fed's 12 regional banks said the economy is growing at a moderate pace although three districts — Philadelphia, St. Louis and Kansas City — depicted activity as somewhat below average.

While businesses remained optimistic about near-term prospects, the Fed found worries about trade had prompted some businesses to scale back or postpone their capital investment plans. Hi...



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