GeneralBearishCrypto Briefing · 3h ago7/10
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Philadelphia Fed non-manufacturing index plunges to -25.8 in June, lowest since May 2025
The Philadelphia Federal Reserve's non-manufacturing index collapsed to -25.8 in June, marking its lowest reading since May 2025. This sharp decline signals deteriorating economic conditions in the services sector and suggests growing business pessimism that could reshape monetary policy decisions and regional economic planning.
