Energy costs raise concerns on growing economy: Fed

WASHINGTON (Reuters) - The U.S. economy kept growing moderately in the late winter months but rising prices for gasoline and other energy products were beginning to worry producers and consumers across the country, the Federal Reserve said on Wednesday. "Reports from the 12 Federal Reserve districts indicated that the economy continued to expand at a modest to moderate pace from mid-February through late March," the central bank said in its latest "Beige Book" summary of national activity. ...

Source: http://news.yahoo.com/energy-costs-raise-concerns-growing-economy-fed-185814158.html

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