Beige Book
The beige book is a text that the Federal Reserve , also known as the Fed, ie the central bank of the United States, published eight times each year, exactly two weeks before the FOMC meeting, or the executive committee of the Fed
It is actually called "Summary of Commentary on Current Economic Conditions by Federal Reserve District."
His first publication dates back to 1970, and until 1983 it remained private to members of the FOMC.
The influence it has on the Forex and financial markets is medium high, and its content is at the root of the debate on economic and monetary policy that the Federal Reserve will in the near future.
The beige book is intended to make known to members of the FOMC changes within the economy since the last meeting of the FOMC itself.
The FOMC currency market operations that are performed in the United States.
The news reported dl beige book include the 12 districts in which the Fed operates.
The bank of any federal system in relation to the jurisdiction of his district sends all relevant information to the U.S. central bank to draw up the beige book.
In addition thereto, the Federal Reserve also publishes two other books, the "green book" and the "blue book" that are not public, but are offered only to members of the FOMC in order to inform them about alternatives that can be explored in relation to monetary policy.
Related Articles:
Earn Money with Forex in less than 5 minutes a day
English-Italian, with a simple online translator, and subscribe to FREE Forex Signals 
