During congressional testimony on Tuesday and Wednesday, Fed Chair Janet Yellen said she was "optimistic" on the slowly growing economy.» Read More
The Fed's Beige Book report on current economic conditions finds that overall economic activity continued to increase at a modest to moderate pace in January and early February, with CNBC's Eamon Javers.
The beige book is an important indicator on the state of the U.S. economy and a critical tool for the Federal Reserve. CNBC explains.
National economic activity expanded at a modest pace, according to the Fed's latest Beige Book. CNBC's Hampton Pearson reports.