Forex News Fed’s Stern on the wires. Feds Beige Book to be released at 2:00 PM

Written January 14, 2009 at 1:04 PM EST by  
  •  SAYS HEALTHY GROWTH MAY RETURN SOMETIME IN 2010
  •  PREDICTS U.S. ECONOMIC RECOVERY WILL BE SUBDUED BUT IS NOT FAR OFF
  • RECESSION WILL LAST AT LEAST TWO MORE QUARTERS

At 2:00 PM the market will get further anecdotal news on the economy when the Fed’s Beige Book will be released.  The Beige Book is a region by region assessment of the economic activity within those regions.

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