Philadelphia Council for Business Economics ("PCBE") primary objectives are:

Provide a convenient way for meeting business professionals in the Greater Philadelphia area.

To have programs and speakers on topics of special interest to business professionals.

To offer a vehicle to universities, community organizations, and other professional groups to contact local business professionals on programs and activities of mutual interest.

Our Upcoming Events
12/13/17 06:00PMAnnual Evening Holiday Reception
Federal Reserve Bank of Philadelphia

01/04/18 12:00PM"Retirement Saving in a Low-Interest Rate World"
James Poterba
President, National Bureau of Economic Research

02/01/18 12:00PM"Prospects for Industry Investment Spending in the United States"
Mark Killion, Director, U.S. Industry
Oxford Economics

03/01/18 12:00PM"Market Strategy Outlook"
Richard Farr
Chief Market Strategist, Merion Capital Group

04/05/18 12:00PM"Monetary Policy Issues and Outlook"
Mickey Levy, Chief Economist, Americas/Asia
Berenberg Capital Markets

Recent Meeting Speaker Notes
11/01/17 "A Credit Perspective: How the Next Downturn Will Be Different"
Jody Lurie, Director, Corporate Credit Analyst
Janney Montgomery Scott

10/04/17 "Ten Issues as the Credit Cycle Matures"
John Silvia, Chief Economist
Wells Fargo Securities

09/13/17 "Regional Advantages in a Tight Labor Market"
Steven Cochrane, Managing Director
Moody's Analytics

06/16/17 "US Economic Outlook: Aging Gracefully"
Ellen Zentner, Chief U.S. Economist and Managing Director
Morgan Stanley

Today's Economic Events
07:00AMWeekly MBA Mortgage Applications Survey
08:30AMNov Consumer Price Index
08:30AMNov Consumer Price Index, Ex Food and Energy
08:30AMNov Real Earnings
09:00AMFederal Open Market Committee Meeting Day 2 of 2
10:30AMWeekly U.S. Petroleum Status Report
02:00PMFederal Open Market Committee Meeting Statement
02:30PMFederal Open Market Committee Press Conference

Latest Economic News
12/13/17 02:00PMFOMC target funds rate increased at 1.25% - 1.50%, balance sheet reduction continues
12/13/17 08:30AMConsumer Price Index 0.4% in November, Ex Fd & Engy rose 0.1%
12/13/17 08:30AMReal Average Hourly Earnings decreased 0.2% in November
12/13/17 07:00AMPurchase Apps down, Refi's down in Latest MBA Weekly Survey
12/12/17 08:30AMProducer Price Index advanced 0.4% in November, ex Fd & Engy up 0.3%
12/12/17 07:00AMNFIB Small Business Optimism Index gained 3.7 points to 107.5 in November

Federal Reserve Board Speech
11/30/17Speech by Vice Chairman for Supervision Quarles on thoughts on prudent innovation in the payment system
11/29/17Testimony by Chair Yellen on the current economic outlook and monetary policy
11/27/17Testimony by Governor Powell at his confirmation hearing
11/16/17Speech by Governor Brainard on fintech
11/15/17Speech by Governor Brainard on regional food systems and community development
11/07/17Remarks by Chair Yellen at the 2017 Paul H. Douglas Award for Ethics in Government

Federal Reserve Press Release
12/13/17Federal Reserve issues FOMC statement
12/13/17Federal Reserve Board and Federal Open Market Committee release economic projections from the December 12-13 FOMC meeting
12/11/17Federal Reserve Board requests comment on proposed changes to the Payment System Risk Policy
12/08/17Federal Reserve Board announces final plans for the production of three new reference rates based on overnight repurchase agreement (repo) transactions secured by Treasury securities
12/08/17Federal Reserve System announces new payments security strategy leader
12/07/17U.S. banking agencies support conclusion of reforms to international capital standards

Monthly Meetings Philadelphia Federal
Reserve Bank
10 N Independence Mall W
Philadelphia, PA 19106
(Seventh & Arch St Entrance)

National Association for Business Economics

Global Interdependence Center
Philadelphia, PA

CFA Society of Philadelphia

Bond Club of Philadelphia - Economic Events and News

Philadelphia Business Journal

Quick Links
Financial Times (UK)
NBC News
NY Times
Philadelphia Biz Journal
The Economist
Dismal Scientist
Dr. Ed Yardeni
Dr. Jeremy Siegel
FRED Graph
Lawrence Kudlow
Stone McCarthy
Market Map