U.S. May Philadelphia Business Outlook Report (Text)

The Federal Reserve Bank of Philadelphia's general economic index fell to minus 5.2 in May from 1.3 the prior month. Readings greater than zero signal expansion in the area covering eastern Pennsylvania, southern New Jersey and Delaware. The median ...

The Philadelphia Federal Reserve Bank said the bank's mid-Atlantic manufacturing indexes dropped into negative territory in May. "All of the survey's broadest current indicators were negative this month, indicating weaker conditions compared with ...

Prices for U.S. Treasuries rose further on Thursday after data showed an unexpected drop in the Federal Reserve Bank of Philadelphia's index of business conditions to minus 5.2 in May. Prices for U.S. 30-year bonds rose more than one full point, ...

May 16 (Reuters) - The president of the Federal Reserve Bank of Philadelphia, Charles Plosser, on Thursday again stressed the need for the U.S. central bank to reduce its asset purchases starting next month, according to prepared remarks for ...

MILAN--The president of the Federal Reserve Bank of Philadelphia said Thursday he was "pleased" that U.S. inflation expectations are stable, but warned that changes can be abrupt and reiterated his view that the U.S. central bank should rein in its ...

The March release of the Federal Reserve Bank of Philadelphia's indicated a slight worsening of the regions manufacturing activity. The current activity index fell to a weak level of -5.2, while assessments the future activity improved to a level of ...

May 21 (Bloomberg) -- The dollar fell versus the euro for a second day after Federal Reserve Bank of St. Louis President James Bullard said policy makers should keep buying bonds as the best available option to boost slower-than-forecast growth. The ...

Federal Reserve Bank of St. Louis President James Bullard said the central bank should continue its bond buying because it's the best available option for policy makers to boost growth that is slower than expected. The purchases known as ...

Federal Reserve Bank of San Francisco President John Williams said the Fed as early as this summer may begin slowing the pace of its $85 billion in monthly bond-buying amid signs the economy is gradually gaining strength. "It's clear that the labor ...