Philly Fed Collapses By Most Ever To 40 Year Lows

Apr 16th 2020 8:50am EDT

Philly Fed Collapses By Most Ever To 40 Year Lows Philly Fed joined the rest of the regional Fed surveys in an utter bloodbath. Against expectations of a -32.0 print, Philly Fed crashed to -56.6 – the lowest since 1980 and the biggest 2-month drop in history… Source: Bloomberg Under the hood it’s ugly: April […]

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