Beige Book

Source
Usual EffectMore hawkish than expected is good for currency;
Frequency8 times per year, 2 weeks before each FOMC meeting;
Next Release
FF NotesThis analysis is used by the FOMC to help make their next decision on interest rates. However, it tends to produce a mild impact as the FOMC also receives 2 non-public books - the Green Book and the Blue Book - which are widely believed to be more influential to their rate decision;
Derived ViaAnecdotal evidence supplied by the 12 Federal Reserve banks regarding local economic conditions in their district;
Also CalledCurrent Economic Conditions;