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)
Map



National Association for Business Economics

Global Interdependence Center
Philadelphia, PA

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