Definition
The Federal Reserve Bank in each branch collect the information of economical condition in their own district. The information is derived from the report of Bank Director. The information it self is the interview of businessmen, economic expert, marketing experts and other resources. Beige book summarize all of these information.

Beige Book for Learning Forex Trading System
The Fed will use that report altogether with some other indicators to determine the interest rate policy in the FOMC meeting. The meeting is held 2 weeks after the Beige Book for Forex Trading published. If the information in the Beige Book show the presence of inflation pressure, the Fed will increase the interest rate to overcome it and vice versa.

Source : Federal Reserve Board
Time of Publish : 8x per year
Revision : Not available