WASHINGTON: The end of the Iraq war provided some boost to US business and consumer sentiment in recent weeks, but not enough to lift the economy out of its doldrums, the Federal Reserve said.
“Although reports from the 12 Federal Reserve Districts indicated some signs of increased economic activity in April and May, conditions remained sluggish in most districts,” the Fed said in its latest beige book report, an anecdotal summary of economic conditions around the country.
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