`Modest to Moderate’ Growth: Fed Beige Book

`Modest to Moderate’ Growth: Fed Beige Book Play

Sept. 4 (Bloomberg) -- Consumer spending on cars and housing helped the economy maintain a “modest to moderate” pace of expansion from early July through late August, even as borrowing costs increased, the Fed said today in its beige book business survey. Phil Mattingly reports on Bloomberg Television's "Money Moves." (Source: Bloomberg)

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