Beige Book

 

Beige Book is a report on current economic conditions gathered from banks, businessmen, economists, market experts, and other sources. The beige book summarizes this information by district and sector. The Fed uses this data to help determine interest rate policy at FOMC meetings. The FOMC meeting takes place 2 weeks after the beige book release. The beige book is released at 2:00 pm ET on the Wednesday less than two weeks prior to an FOMC meeting. The beige book is released 8 times a year.