Odaily Planet Daily News: Analysts said the July Beige Book could bolster the Fed's confidence in cutting interest rates at its upcoming meeting. The description of "small to moderate" economic growth is similar to the May report, but the details show marginal weakness in the economy - including stabilization of input costs, slower wage growth and lower growth expectations. Analysts expect policymakers to begin to gradually remove policy restrictions at the September FOMC meeting, and these developments should give them comfort.