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Speech
An Economic Outlook - The Wharton School
I can?t formulate education policy, or allocate funds, or even make my own children study what I want them to ? although, of course, I?m immensely proud of them and they?ve made excellent choices without listening to me. But I can point to the research and what the data say. Changing our approach to how we invest in education and training won?t take care of the entire student debt issue, but it can help those who are disproportionately affected by it.
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A Brief History of the Fed Universe
In remarks to the Greater Vineland Chamber of Commerce in New Jersey, Philadelphia Fed President Patrick T. Harker kept his outlook in line with that of recent weeks. ?I continue to be in wait-and-see mode, and my outlook for rates remains, at most, one hike for 2019 and one for 2020,? he said.
Speech
Right Now, It’s Putting One Foot in Front of the Other
In his opening remarks at the January 9 National Association of Corporate Directors – New Jersey Chapter’s Economic Forecast 2025 event, Philadelphia Fed President and CEO Patrick T. Harker stated that “the underpinnings of our macro economy remain strong.”Harker, however, pointed to recent data indicating that the economy may not be equally perceived as “strong” on “a family-to-family basis.” He recommended “to continue the effort to push inflation down to our 2 percent annual target” as “households are starting to — or continuing to — struggle under the weight of ...
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Innovative Pathways to an Equitable Workforce Recovery
At the launch event for Workforce Realigned: How New Partnerships Are Advancing Economic Mobility, Philadelphia Fed President Patrick T. Harker discussed innovative programs, such as a unique “pay for success” job training model that the Philadelphia Fed helped to pioneer. Workforce partnerships to reboot economic mobility are the subject of a new book and podcast series from the Federal Reserve Banks of Atlanta and Philadelphia and Social Finance.
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Benjamin Franklin Birthday Celebration
Barriers to economic mobility prevent many low-income children from reaching their potential, Federal Reserve Bank of Philadelphia President Patrick T. Harker said today in remarks delivered at the Ben Franklin Birthday Celebration. President Harker said that understanding these barriers is integral to fostering growth across demographics
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“Fed 101”: A Broad Look at the Federal Reserve and Its Role
In an invited speech before several hundred students at Villanova University, Federal Reserve Bank of Philadelphia President and CEO Patrick T. Harker spoke on the role of the Fed “to utilize the tools of monetary policy available to us to help the economy stay on an even, forward course.” However, Harker impressed upon the students that it is their decisions that ultimately chart the economy’s future, saying, “It is each of you, as consumers, as potential employees, or as potential business owners and employers, who are the economy.” He also spoke about the Fed’s history and ...
Speech
An Economic Outlook - Main Line Chamber of Commerce
Inflation, GDP growth, and the labor market are ?displaying considerable strength? and indicate a robust American economy, Federal Reserve Bank of Philadelphia President Patrick T. Harker said today in remarks to the Main Line Chamber of Commerce.
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The Global Interdependence Center’s Payment Systems in the Internet Age Conference
Some form of regulation is in the interest of the evolving fintech industry, Federal Reserve Bank of Philadelphia President Patrick T. Harker said in remarks at the Global Interdependence Center?s Payment Systems in the Internet Age conference
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Adaptation: How Educators and Employees Evolve to Meet the Needs of a Changing Landscape
"The changing landscape of the labor market offers an opportunity to assess how we?re preparing today?s students for tomorrow?s jobs,? said Philadelphia Fed President Patrick T. Harker today in his remarks on the role of higher education
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Apprenticeships: Nobility and Necessity
Apprenticeships date back to ancient times, but they remain relevant in today?s economy, Philadelphia Fed President Patrick Harker told the audience at the Bank?s Apprenticeship Conference on July 11. Apprenticeships help workers acquire the skills now in demand, he said