Boston Fed names new board of directors
The Federal Reserve Bank of Boston has named its 2025 board of directors, led by Roger W. Crandall, chief executive of ...
A look at the challenges Philly-area businesses faced in 2024 and what they expect in 2025
Philadelphia-area business leaders' biggest struggles in 2024 were poor sales, a challenging hiring market, and uncertainty ...
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Economy Is Stable, with Hiring Returning to Pre-Pandemic Norms
Heading into 2025, the US economy remains among the strongest and most stable in the world. According to Patrick T. Harker, ...
Bank of America makes surprising pivot on interest rates
Related: Fed members reset interest rate cut forecasts for 2025 The Fed helps manage the economy by influencing borrowing ...
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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Philadelphia businesses told researchers they worry about sales, labor and uncertainty about government regulation
The Greater Philadelphia Chamber of Commerce members were surveyed by the Federal Reserve Bank of Philadelphia about the ...
Fed Officials Signal Interest Rates Likely on Hold for a While
Several Federal Reserve officials confirmed Thursday the US central bank will likely hold interest rates at current levels for an extended period, only cutting again when inflation meaningfully cools.
Dollar climbs for 3rd straight session, sterling weakness continues
The U.S. dollar strengthened for a third straight session on Thursday as Treasury yields dipped but held at elevated levels ...
Federal Reserve Bank of Boston President Susan Collins says uncertainties point to slower cuts in 2025
Collins, in prepared remarks for an event Thursday in Boston, said the economy was in a “good place,” but noted that progress ...
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, ...
Fed’s Harker Sees Solid Economy Today, Little Certainty Tomorrow
Federal Reserve Bank of Philadelphia President Patrick Harker remains confident in inflation’s meandering path toward a 2% ...
Fed's Collins says her concerns about labor-market fragility have decreased
Minutes of the Fed's December meeting reveal that the consensus is that the Fed wants to delay rate cuts until "Trump uncertainty lifts," said Tim Duy, chief U.S. economist at SGH Macro Advisors, in a ...