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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.

1 hr ago | 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

Wed Aug 13, 2014

Payments News

Headline News from PaymentsNews.com - August 13, 2014

Discussion Paper Released: Fair Lending Analysis of Credit Cards - The Payments Card Center of the Federal Reserve Bank of Philadelphia has released a new paper that discusses some of the key fair lending risks that can arise in various stages of the marketing, acquisition, and management of credit card accounts, and the analysis that can be ... (more)

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Related Topix: Financial Services, Banking

Fri Aug 01, 2014

Wall Street Journal

Grand Central: Plosser Puts "Considerable Time" In Play for Fed Rate Hike Plans

Charles Plosser's dissent at the Federal Reserve's policy meeting earlier this week hinged on the following sentence from the central bank's statement: "The Committee continues to anticipate, based on its assessment of these factors, that it likely will be appropriate to maintain the current target range for the federal funds rate for a ... (more)

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