Philadelphia

Philadelphia's Santomero on the economic outlook

In the speech 'Economic outlook and the role of bank directors' given on 11 June, Anthony Santomero of the Federal Reserve Bank of Philadelphia said he expected US inflation to be well-contained in 2005, allowing the Fed to raise interest rates to a…

Phil Fed's Survey of Professional Forecasters

The Federal Reserve Bank of Philadelphia has published its Second Quarter 2005 Survey of Professional Forecasters. Growth in the economy looks slower in the first six months of this year, according to 46 forecasters surveyed.

Philadelphia Fed's Santomero on regional equity

In the speech 'Advancing regional equity: The Second National Summit on Equitable Development, Social Justice, and Smart Growth' given on 23 May Anthony Santomero of the Federal Reserve Bank of Philadelphia said rising real estate prices have helped…

Phil Fed's Santomero on the recent business cycle

In a speech on 'A policymaker's reflections on the recent business cycle' given on 12 April, Anthony Santomero of the Federal Reserve Bank of Philadelphia said the United States is on track for solid growth with relatively stable prices, but high oil…

Interview with Philadelphia Fed's Santomero

Speaking this week in an interview Anthony Santomero, the president of the Federal Reserve Bank of Philadelphia, said we are looking at an economy that, if it continues to move in the direction and at the speed we think, we can continue to move on…

Fed's Santomero stresses inflation vigilance

In an interview with USA Today, Philadelphia Fed President Anthony Santomero said the US economy was "in good shape and growing at a good pace, not too fast so as to create all these imbalances and pressure on prices, but clearly moving slightly above…

Philadelphia's Santomero on making monetary policy

In the speech 'Making monetary policy: What do we know and when do we know it?' given on 7 April Anthony Santomero of the Philadelphia Fed said economic data tend to be imprecise and therefore it makes sense for the Federal Reserve to act cautiously.

Phil Fed's Santomero on post-Greenspan era

In an interview published this week, Anthony Santomero of the Philadelphia Fed told Handelsblatt he does not fear any trouble in the financial markets when Alan Greenspan leaves office at the beginning of 2006. "It is understandable that the markets ask …

Phil Fed's Santomero: lessons from business cycle

In a speech on 'Lessons learned from the recent business cycle' given on 1 March, Anthony Santomero of the Federal Reserve Bank of Philadelphia said the US economy is on track for moderate sustainable growth with relatively stable prices, but declining…

Phil Fed's Survey of Professional Forecasters

The Federal Reserve Bank of Philadelphia has published its First Quarter 2005 Survey of Professional Forecasters. Economic growth in the first half of 2005 looks stronger now than it did three months ago, according to 36 forecasters surveyed.

Philadelphia Fed Business Outlook Survey, Jan 2005

According to the firms surveyed for the Philadelphia Fed's Business Outlook Survey, January 2005, manufacturing activity in the region continues to expand, but at a slower pace than reported at the end of 2004. Many of the indicators, including general…

Santomero on the economic outlook for the US

In a speech on 'Economic outlook for the U.S. and Greater Philadelphia area' given on 18 January, Anthony Santomero of the Federal Reserve Bank of Philadelphia said the U.S. economy is in a "sustained expansion" with inflation under control, which should…

Philadelphia Fed Business Outlook Survey, Dec 2004

According to the firms surveyed for the Philadelphia Fed's Business Outlook Survey, December 2004, activity in the region's manufacturing sector continues to grow. In this months survey the participants were asked about the impact of the weak dollar on…

Philadelphia Fed Business Review, 4th Quarter 2004

The Federal Reserve Bank of Philadelphia has published its regular Business Review for the Fourth Quarter 2004. In "Monetary Policy and Inflation Targeting in the United States," President Anthony Santomero returns to the topic of inflation targeting,…

Phil Fed's Survey of Professional Forecasters

The Federal Reserve Bank of Philadelphia has published its Fourth Quarter 2004 Survey of Professional Forecasters. Growth over the next five quarters looks slower now than it did three months ago, according to 34 forecasters surveyed by the Federal…

Philadelphia Fed's Santomero on global economy

In a speech on 'Challenges and opportunities in a global economy: Perspectives on outsourcing, exchange rates, and free trade' given on 3 December. Anthony Santomero of the Federal Reserve Bank of Philadelphia said the US economy should grow about 4 per…

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