The Beige Book of economic prosperity, the Federal Reserve announced on January 11 in the last six weeks of 2011, due to strong holiday business sales boost, the United States economic conditions improve.
The CPI in the United States in December last year rose tune consecutive month, the chain flat, rose 3 percent. Excluding food and energy costs, core CPI ring up 0 World steel pipe network editing .1 percent, had expected an increase of 0.1%. Real income, the United States in December rose 0.5 percent, far more than the previous forecast of 0.2 percent.
Announced on the 19th by the U.S. Department of Labor data show that the decline in energy prices offset the rising prices of other goods, the consumer price index (CPI) in the U.S. rose after the ring than the flat. Previously conducted survey shows that the average estimate of economists in the data chain rose 0.1 percent World steel pipe network editing .
The Beige Book is an important basis for the Fed's January 24th to the 25th meeting on interest rates. Analysts believe that U.S. inflationary pressures are limited, for the Fed to provide space for more stimulus measures, the Fed may at least maintain the current low level of interest rates to 2013.