Content simple, but impact significant for Fed’s Beige Book report
By Sarah Foster Medill Reports The words remind him of shuffling through yellow pages inside a library, calling auto dealers at random for informational interviews. The phrase evokes scenes of yelling over large stacks of research documents atop his desk — the only way he could communicate with nearby colleagues. These practices were more than […]
Research, interviewing process differs across regional banks for Fed’s Beige Book
By Sarah Foster Medill Reports The Beige Book’s research process isn’t exactly black and white. Each of the 12 regional Federal Reserve banks has a different method for reporting and writing its section. Some economists make in-person visits to local companies throughout their region. Others distribute digital surveys to area contacts or host roundtable discussions. […]
