Wednesday Sep 10
Economic Forecasters Agree, And That's Scary
Economists who forecast the US economy are in about as much agreement as they ever are - and I find that scary. Compilations of economic forecasts are very useful.
Mon Sep 08, 2014
View Press Release
The merger remains subject to the approval of TF Financial's stockholders at a special meeting to be held on September 17, 2014. National Penn Bancshares, Inc., with approximately $8.6 billion in assets, is a bank holding company headquartered in Allentown, Pennsylvania.
Sat Sep 06, 2014
Wall Street Journal
Fed's Plosser: Fed Should Raise Rates 'Sooner Rather Than Later'
Federal Reserve Bank of Philadelphia leader Charles Plosser said Saturday the U.S. central bank will likely need to raise rates "sooner rather than later" to keep the economy running smoothly. "I am not suggesting that rates should necessarily be increased now," Mr. Plosser said in the text of a speech to be given in Amelia Island, Fla.
Fri Sep 05, 2014
DIARY - Top economic Events to Sep 19
SATURDAY, SEPTEMBER 6 AMELIA ISLAND, United States - Federal Reserve Bank of Philadelphia President Charles Plosser speaks on the economic outlook before the Pennsylvania Association of Community Bankers 137th Annual Convention - 1415 GMT. TUESDAY, SEPTEMBER 9 LONDON - Bank of England chief economist Andy Haldane speaks to Society of Business Economists on "In Giving, How Much Do We Receive" - 1700 GMT.
Thu Sep 04, 2014
DIARY - Top economic Events to Sep 18
LONDON - Central Bank of Peru Governor Julio Velarde speaks about monetary policy and macroeconomic stability at an event devoted to promoting investment in the country. NEW YORK - Federal Reserve Board Governor Jerome Powell speaks before a Money Marketeers of New York City dinner - 2215 GMT.
Fri Aug 29, 2014
Bangor Daily News
Philadelphia Fed predicts economic growth for Maine over the next 6 months
The Federal Reserve Bank of Philadelphia has released the leading indexes for the 50 states for July 2014.
Tue Aug 26, 2014
Brad DeLong's Semi-Daily Journal
A Note on Understanding the Debate Inside the Federal Reserve: Afternoon Comment
The minutes said officials also were 'increasingly uncomfortable with the committee's forward guidance' that the Fed expects to maintain its key short-term rate at its low level for some time.
Mon Aug 25, 2014
Obamacare Continues to Destroy Jobs
Three new Federal Reserve surveys reveal Obamacare continues to force employers to slash jobs and hours in response to the unpopular healthcare overhaul, reports The Wall Street Journal .
Viewpoints: Employers and health benefits; Sen. Pryor's ACA endorsement; waging war on hep C
The Wall Street Journal : Unemployed By ObamaCare Most of the political class seems to have decided that ObamaCare is working well enough, the opposition is fading, and the subsidies and regulation are settling in as the latest wing of the entitlement state.
Sat Aug 23, 2014
Schafer: Minnesota's economy needs more than a low unemployment rate
With nearly everybody who wants a job having a good shot at getting one, that should be great news.
Fri Aug 22, 2014
Philadelphia Fed: ObamaCare Hurting Workers and Consumers
The Federal Reserve Bank of Philadelphia just released its Business Outlook Survey for August.
Two Birds To Watch At Jackson Hole: Will It Be Hawks Or Doves?
I have two decades of experience trading currencies and fixed income instruments.
Thu Aug 21, 2014
Wall Street Journal
Fed's Plosser Warns Very-Easy Money Policy Increasingly Risky
Federal Reserve Bank of Philadelphia President Charles Plosser said on Thursday that the U.S. central bank's expectation of maintaining its near-zero-percent interest rate stance well into the future is "risky policy."
The Daily Caller
Philly Fed: Obamacare's Increasing Part-Time Work
Some businesses are already cutting full-time employees in favor of part-time workers due to increasing Obamacare costs, according to a Thursday survey by the Federal Reserve Bank of Philadelphia.
Obamacare cuts seen, but lion's share of workers face price hikes
MarketWatch's Steve Goldstein points out in a blog Thursday that the Fed is saying a sizable number of employers have fewer employees as a result of the Affordable Care Act, while the number of part-time workers has gone up as well.
Forex - EUR/USD edges higher after upbeat U.S. reports
Investing.com - The euro edged higher against the U.S. dollar on Thursday, easing off 11-month lows after a string of upbeat U.S. economic reports helped improve market sentiment.
Wed Aug 20, 2014
Dallas Morning News
Philadelphia Fed: Economic activity increased in Texas and 40 other states in July
Economic activity increased in Texas and 40 other states in July, down from 41 states in June, according to data released today by the Federal Reserve Bank of Philadelphia.
Tue Aug 19, 2014
Federal Reserve Bank Paper Analyzes Credit Card Fair Lending Issues
The Federal Reserve Bank of Philadelphia recently published a discussion paper on credit card fair lending risks.