Central Banking4h
Philadelphia Fed documents troubling credit trends in US
Researchers from the Federal Reserve Bank of Philadelphia have found troubling trends in US consumer credit.
The Federal Reserve is likely to hold interest rates steady next week. Here's what that means for your money
The Fed is unlikely to cut interest rates again when it meets next week, delaying any relief from high borrowing costs.
A look at the challenges Philly-area businesses faced in 2024 and what they expect in 2025
The Chamber of Commerce of Greater Philadelphia released results of an annual report on Thursday with new insight on business ...
Philly Fed's factory gauge surges by most since June 2020
A gauge of manufacturing activity in the U.S. Mid-Atlantic region shot up by the most in about four-and-a-half years in ...
Americans struggling with credit card debt, record number only making minimum payments
A report from the Philadelphia Federal Reserve also shows a record-high number of Americans are only paying the minimum ...
More People Are Only Paying The Minimum Payment As Credit Card Balances Rise
Higher interest rates that increase borrowing costs appear to be creating a growing financial strain on consumers.
Northeast Times1d
Philly Business Leaders Rely on AI, Tourism, and Life Sciences to Drive Growth Under Trump
Learn how Philly businesses prepare for changes under Trump, focusing on AI, tourism, and life sciences to fuel growth.
Industrials Advance After Philly Factory Data - Industrials Roundup
The Federal Reserve Bank of Philadelphia said its index for business activity climbed to a positive 44.3 in January, both the highest reading since April 2021 and the index's largest monthly increase ...