“Beige Book” Forecasts a Growing Economy; Low Risk of Inflation Over 2%
April 16, 2014 at 16:16 PM EDT
Stocks end the day up after the release of the Fed’s “beige book” which suggests that the economy is gaining after a rough winter. The growing economy is expanding due to increased consumer spending and an improving labor market. Yahoo’s (YHOO) shares jumped up 11% yesterday mainly due to large revenue gains made by Alibaba, Read the full article... Read the rest of “Beige Book” Forecasts a Growing Economy; Low Risk of Inflation Over 2% at InvestorGuide.com .