Philly Fed Archive

Claims/Philly Fed

[Skip to the end] Karim writes: Data tug-of-war continues as manufacturing rebounding under inventory rebuild, but labor market stays weak and indicating that underlying demand not improving all that much Claims weaker than expected Initial up 15k to 576k with prior week revised +3k Continuing claims up 2k (prior week revised up ...Read More

Plosser the hawk on the tape

This is the most hawkish Fed pres: GLADWYNE, PENNSYLVANIA (Thomson Financial) – The head of the Philly Fed, Charles Plosser, today raised the possibility of a stagflation threat to the US economy. “Although I am expecting slow economic growth for several quarters, we should not rely on slow growth to reduce inflation,” ...Read More