Viewpoints: November 2018

The Philadelphia Federal Reserve Bank's estimates of state coincident activity in October is in line with other state-level indicators showing a convergence of growth across the nation. The 12-month growth in the indexes lay between [...]

The Federal Reserve is facing the growing possibility of the third asset price bust in the last two decades. And each one has a "Made in Washington" label attached to it as policymakers have failed to use official rates to maintain [...]

State labor markets were noticeably stronger in October than September. Nine states were reported to have had statistically significant increases in payroll employment, although the gains in the Carolinas doubtlessly reflected in [...]

Policymakers are confronted with a very different and challenging environment, both operationally and politically. The Federal Reserve has a dual mandate of full employment and price stability, but is also charged with maintaining [...]