The Fed's July 2026 Beige Book shows World Cup host cities seeing a 28% surge in bar spending while broader consumer activity slows amid rising oil prices.

The latest edition of the Fed's beige book indicated that the soccer tournament wasn't necessarily translating to broader economic growth.

The Fed's July 2026 Beige Book shows World Cup host cities seeing a 28% surge in bar spending while broader consumer activity slows amid rising oil prices.