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Federal Reserve Bank of Philadelphia News

News on Federal Reserve Bank of Philadelphia continually updated from thousands of sources around the net.

Wednesday Sep 10 | Seeking Alpha

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.

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Related Topix: Financial Services, Banking

Mon Sep 08, 2014

Business Wire

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.

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Related Topix: Banking, Financial Services, National Penn Bancshares, Pennsylvania, Philadelphia, PA, Allentown, PA

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.

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Related Topix: Financial Services, Banking

Fri Sep 05, 2014

Reuters

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.

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Related Topix: Banking, Financial Services, Pennsylvania, World News, Japan, Italy,

Thu Sep 04, 2014

Reuters

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.

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Related Topix: New York, Federal Reserve Bank of Dallas, Banking, Financial Services, Federal Reserve Bank of Boston, World News, Japan,

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.

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Related Topix: Financial Services, Banking

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.

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Related Topix: Financial Services, Banking

Mon Aug 25, 2014

Breitbart.com

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 .

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Related Topix: Financial Services, Banking, Health Insurance, Health

Medical News

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.

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Related Topix: US Politics, Mark Pryor, US News, US Senate, Democrat, Banking, Financial Services, Medicine

Sat Aug 23, 2014

Star Tribune

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.

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Related Topix: Financial Services, Banking, University of Vermont

Fri Aug 22, 2014

Amy Ridenour

Philadelphia Fed: ObamaCare Hurting Workers and Consumers

The Federal Reserve Bank of Philadelphia just released its Business Outlook Survey for August.

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Related Topix: Financial Services, Banking, Outsourcing

Forbes.com

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.

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Related Topix: Financial Markets, Financial Services, Ireland, World News, Banking

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."

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Related Topix: Financial Services, Banking

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.

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Related Topix: Banking, Financial Services, Healthcare Law, Law, Federal Reserve Bank of New York, US News, Conservative Political News

MarketWatch

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.

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Related Topix: Financial Services, Banking, Health Insurance, Health

Jerusalem Post

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.

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Related Topix: Financial Services, Banking, Home Selling, Home

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.

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Related Topix: Financial Services, Banking, Financial Markets

Tue Aug 19, 2014

jdsupra.com

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.

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Related Topix: Financial Services, Banking, Marketing

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