Phili Fed Index surprises negatively Malta Independent Thursday, 16 May 2013, 16:05 Last update: about 14 years ago <a href='https://ads.independent.com.mt/www/delivery/ck.php?n=afef72b0&cb=128' target='_blank'><img data-src='https://ads.independent.com.mt/www/delivery/avw.php?zoneid=22&cb=128&n=afef72b0' border='0' alt='' /></a> The Philadelphia Fed Index missed expectations by a wide margin.