Philadelphia

US Inflation Surge: Which Cities Are Most Affected

2 months ago

Recently, economists have expressed concerns about the rising inflation levels in the United States, particularly in certain large cities. According to the latest data released in October, inflation across the country continues to be a worrying trend, with significant issues noted in the Northeast and Midwest regions.

Philadelphia Fed Begins Nationwide Search for Next President

4 months ago

The Federal Reserve Bank of Philadelphia announced yesterday that it has commenced a search for candidates to fill the position of president. This announcement is a significant milestone for the important financial institution. The decision came after the current president, Patricia Pain, declared her intention to step down at the end of the year. Pain has held the position since 2018, and her departure marks a leadership change at a critical time for the U.S. economy.