Credit Card Delinquencies Reach Highest Level in Over a Decade
A credit card balance is a type of revolving debt. Revolving debt affects your credit score, which is one of the reasons it’s important to stay on top of your credit card balances — not to mention ...
Fed decision recap: Powell says tariffs could delay progress on lowering inflation
Central bank policymakers are expected to keep rates at their target range of 4.25% to 4.5%. The Fed’s rate path will be key, ...
Philadelphia Fed Manufacturing Index dips but outperforms forecast
The Philadelphia Federal Reserve Manufacturing Index, a key indicator of general business conditions in Philadelphia, has seen a dip in its latest figures. The actual number came in at 12.5, a drop ...
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Fed’s Harker Warns Rising Inflation Pressures Threaten Progress
(Bloomberg) -- Federal Reserve Bank of Philadelphia President Patrick Harker said risks to the economy are rising as ...
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What Is the Philadelphia Fed Index? Definition & Importance
The Philadelphia Fed Index is the longest-running survey on regional manufacturing among the Federal Reserve’s 12 district banks. The Philadelphia Fed Index refers to the monthly results of a ...