Philly Fed's factory gauge surges by most since June 2020
A gauge of manufacturing activity in the U.S. Mid-Atlantic region shot up by the most in about four-and-a-half years in ...
Fed's Harker still expects rate cuts but says imminent move not needed
Philadelphia Federal Reserve President Patrick Harker said on Thursday he still expects the U.S. central bank to cut interest ...
A look at the challenges Philly-area businesses faced in 2024 and what they expect in 2025
The Chamber of Commerce of Greater Philadelphia released results of an annual report on Thursday with new insight on business ...
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Philadelphia-area businesses are less optimistic about the economy entering 2025
A third of local businesses are predicting slightly less favorable business conditions in 2025, according to the Philadelphia ...
Fed officials lean ‘neutral’ on policy but expect clarity once Trump begins
United States Federal Reserve officials said that the strong economy toward the end of 2024 and inflation staying above its ...
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When’s the next Federal Reserve meeting? What to expect — and how it affects your finances
Voting FOMC members always include the president of the Federal Reserve Bank of New York and one each from the following four bank groups, based on a rotating schedule: Boston, Philadelphia and ...
Industrials Advance After Philly Factory Data - Industrials Roundup
The Federal Reserve Bank of Philadelphia said its index for business activity climbed to a positive 44.3 in January, both the highest reading since April 2021 and the index's largest monthly increase ...
Fed’s Harker Says More Rate Cuts Are Coming But Timing Uncertain
Federal Reserve Bank of Philadelphia President Patrick Harker said officials are on track to lower interest rates this year, ...
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Philly business leaders brace for an uncertain economy under Trump
Despite concerns over immigration and tariff policies, Chamber of Commerce members expressed optimism that forces like AI, ...
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Fed's Harker still expects rate cuts but says imminent move not needed
NEW YORK (Reuters) -Philadelphia Federal Reserve President Patrick Harker said on Thursday he still expects the U.S. central bank to cut interest rates, but added that any sort of imminent move ...