BNET Industries
Last Fiscal Year Sales:$992.0M
- Private
- US
Dow Jones Description
The Federal Reserve Bank of Philadelphia is one of 12 regional Federal Reserve Banks across the U.S. that, together with the Board of Governors in Washington, D.C., serve as our nation's central bank.
President & Chief Executive Officer
Charles I. PlosserNumber of Employees 2,000
Contact Information
10 Independence Mall
Philadelphia, Pennsylvania 19106
(215) 574-6000
NAICS Code Monetary Authorities-Central Bank: 521110
News & Analysis
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federal reserve bank of philadelphia and federal reserve board - All News and Analysis
Philly Fed Firms See Slowing in Manufacturing Activity
To: BUSINESS EDITORSContact: Katherine Q. Dibling, Assistant Media Advisor of the Federal Reserve Bank of Philadelphia, +1-215-574-4119, katherine.dibling@phil.frb.org PHILADELPHIA,Dec. 20/PRNewswire/ --Federal Reserve Bank of Philadelphia today issued the following:Overall conditions in the manufacturing sector deteriorated slightly in December, according to firms responding to this months Business Outlook Survey. While the...
Philadelphia Fed Firms Continue to See Growth
To: BUSINESS EDITORSContact: Katherine Q. Dibling, assistant media advisor of the Federal Reserve Bank of Philadelphia, +1-215-574-4119 PHILADELPHIA, Nov. 15 /PRNewswire/ -- Federal Reserve Bank of Philadelphia today issued the following: Activity in the region's manufacturing sector continued to expand in November at about the same modest pace as...
Philadelphia Fed Firms See Slight Improvement
To: BUSINESS EDITORSContact: Katherine Q. Dibling of Federal Reserve Bank of Philadelphia, +1-215-574-4119 PHILADELPHIA, May 17 /PRNewswire/ -- Federal Reserve Bank of Philadelphia today issued the following: Activity in the region's manufacturing sector improved slightly in May, according to firms polled for this month's Business Outlook Survey. Indicators for...
Philly Fed Firms Report Steady Activity
To: BUSINESS EDITORSContact: Katherine Q. Dibling of the Federal Reserve Bank of Philadelphia, +1-215-574-4119, katherine.dibling@phil.frb.org PHILADELPHIA, March 15 /PRNewswire/ -- Federal Reserve Bank of Philadelphia today issued the following: Activity in the region's manufacturing sector was mostly steady again in March, according to firms polled for the Business Outlook...
Philly Fed Firms Report No Growth in Activity
To: BUSINESS EDITORSContact: Katherine Q. Dibling, assistant media advisor, Federal Reserve Bank of Philadelphia, +1-215-574-4119, katherine.dibling@phil.frb.org PHILADELPHIA, Feb. 15 /PRNewswire/ -- Federal Reserve Bank of Philadelphia today issued the following: Activity in the region's manufacturing sector was mostly steady this month, according to firms polled for the Business Outlook...
Philly Fed Firms See Slight Increase in Activity
To: BUSINESS EDITORSContact: Katherine Q. Dibling, Federal Reserve Bank of Philadelphia, +1-215-574-4119, Katherine.Dibling@phil.frb.org PHILADELPHIA, Jan. 18 /PRNewswire/ -- Federal Reserve Bank of Philadelphia today issued the following: Economic conditions in the region's manufacturing sector improved in January, according to firms polled for this month's Business Outlook Survey. Indicators for...
Phila. Fed sees pickup in manufacturing
Manufacturing firms in the Philadelphia region rebounded this month after a lull in January, the Federal Reserve Bank of Philadelphia reported today in its monthly business outlook survey. The survey's broadest measure of economic activity rose to 15.4 index points, its highest reading since August, from 3.3 in January....
The Federal Reserve Bank of Philadelphia implements its own process for enterprise risk management
In 2003, the Federal Reserve System emphasized the importance of risk management by creating an ERM guidance document providing direction and defining a common risk language. In 2004, Spyro Karetsos, the Philadelphia Fed's enterprise risk management officer, developed an ERM implementation guide to plan Philadelphia's approach to integrating existing risk-based...
Factory Surveys Show Slower Expansion
Two regional reports concerning manufacturing both found the sector expanded in March, but at a slower pace than in the previous month.The Federal Reserve Bank of Philadelphia said March 18 its general economic index was 24.2, compared with 31.4 in February, while the Buffalo Branch of the New York Fed...
A Short-Term Model Of The Fed's Portfolio Choice
What would happen if the Federal Reserve were to change the assets in its portfolio? Suppose that instead of using open-market operations in Treasury securities to increase the monetary base, the Fed were to engage in open-market operations in private securities or to use discount loans via a mechanism that...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Charles I. Plosser | President & Chief Executive Officer |
| William H. Stone Jr. | First Vice President |
Charles I. Plosser became the Federal Reserve Bank of Philadelphia's 10th president and chief executive officer on August 1, 2006. Before coming to Philadelphia, he was the John M. Olin Distinguished Professor of Economics and Public Policy and director of the Bradley Policy Research Center at the William E. Simon Graduate School of Business Administration, where he also served as dean from 1993 to 2003. He was also a professor of economics in the Department of Economics at the University of Rochester, a senior research associate at the Rochester Center for Economic Research in the university's College of Arts and Science, and a research associate at the National Bureau of Economic Research in Cambridge, Massachusetts. He has also been a visiting scholar at the Bank of England and the Federal Reserve Bank of Minneapolis. Plosser has lectured to academic and business audiences worldwide on topics ranging from management education to economic and public policy issues. The author of numerous academic articles and a participant in scores of professional seminars and conferences, Plosser has also served as co-editor or associate editor of three prestigious journals of economics and referee for over a dozen others. His research and teaching interests include topics on monetary and fiscal policy, long-term economic growth, and banking and financial markets, and his articles have appeared in numerous leading economic journals. Plosser earned Ph.D. and M.B.A. degrees from the University of Chicago, and he received a bachelor of engineering degree (cum laude with honors) from Vanderbilt University. Plosser has served as a consultant to numerous corporations, including Chase Manhattan Bank, Eastman Kodak Company, and The Wyatt Company, on topics ranging from strategic planning and forecasting to portfolio and pension fund management, capital budgeting, and financial analysis. He has served as an advisory board member of the Rochester New Enterprise Forum, the Metropolitan Advisory Board of Chase Manhattan Bank, and the University Technology Seed Fund, LLC. Plosser served as chairman of the Board of Directors of the Consortium for Graduate Study in Management from 1995 to 1997. From 1996 to 2000, he served on the Board of Directors of ViaHealth, Inc., where he also served as secretary, member of the Executive Committee, and chair of the Governance Committee.
| Organization | Position | Status |
|---|---|---|
| Federal Reserve Bank of Philadelphia | President & Chief Executive Officer | Current |
| Forensic Economics, Inc. | Outside Expert | Current |
| Eastman Kodak Company | Consultant | Former |
| The Wyatt Company | Consultant | Former |
| The Consortium for Graduate Study in Management | Chairman | Former |
| Viahealth | Board of Directors | Former |
| University of Chicago | PH.D. | Former |
| University of Chicago | MBA | Former |
| Vanderbilt University | B.E. in Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Federal Reserve Bank of Philadelphia | First Vice President | Current |
| Gettysburg College | Former |
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