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Philadelphia Fed President Patrick Harker said Thursday that the Fed may be "near" a time where it can begin lowering rates, while Fed vice chair Philip Jefferson predicted that wouldn't happen ...
The Philadelphia Index is conducted monthly by the Federal Reserve Bank of Philadelphia and questions voluntary participants on things such as unemployment, new orders, shipments, inventories, and prices paid. The report is released on the third Thursday of every month, making it the earliest such regional report which is released to investors.
Coincident indicators change at approximately the same time as the whole economy, thereby providing information about the current state of the economy. There are many coincident economic indicators, such as Gross Domestic Product, industrial production, personal income and retail sales. A coincident index may be used to identify, after the fact ...
The Aruoba-Diebold-Scotti Business Conditions Index ("ADS Index" ) is a coincident business cycle indicator used in macroeconomics in the United States. The index measures business activity, which may be correlated with periods of expansion and contraction in the economy.
Philadelphia Fed President Patrick Harker also said last week that he’s in the camp of “skipping” raising rates and that he thinks the Fed’s policy is near or at a point where it is ...
When the Federal Reserve sits down Wednesday to decide whether to raise interest rates again, it will likely be a game-time decision. Fed Chair Jerome Powell said that the central bank will make ...
Map of the Third District Lobby of the Federal Reserve Bank of Philadelphia. The lobby features a 25-foot (7.6 m) tower filled with shredded U.S. currency Former Presidents of the Philadelphia Fed (left to right) Edward Boehne (1981–2000), Charles Plosser (2006–2015), and Anthony Santomero (2000–2006)
The Federal Reserve is nearing the end of an era as the central bank looks to cut interest rates for the first time in four years. If the Fed eases monetary policy at its next meeting on Sept. 18 ...