Fed: US growth solid, yet not fast enough to accelerate pay

[McFurd]

Fox News - 7/12/2017 - Christopher S Rugaber (AP) - Associated Press - The U.S. economy grew at a steady pace in late May and June and hiring was solid, yet the improvements weren't enough to accelerate wage or price growth. The Federal Reserve said Wednesday that the economy expanded in 10 of its 12 districts. It grew just slightly in St. Louis and Philadelphia. The anecdotal information in the Fed's survey, known as the Beige Book, is used to supplement its economic data and will be considered when Fed officials next meet July 25-26. Read more @ http://www.foxnews.com/us/2017/07/12/fe ... e-pay.html