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Speech
An Economic Outlook at the Philadelphia Club: a speech at the Bond Club of Philadelphia, CFA Society of Philadelphia, and Philadelphia Council for Business Economics, May 23, 2016
President Patrick T. Harker presents his economic outlook at an event sponsored by the Bond Club of Philadelphia, the CFA Society of Philadelphia, and the Philadelphia Council for Business Economics. He also offers his views on monetary policy.
Speech
New perspectives on consumer behavior in credit and payments markets
Welcome Remarks Before the Eighth Biennial Research Conference Co-organized by the Research Department and Payment Cards Center
Speech
Conversations with Superheroes
Philadelphia Fed President Harker Speaks to Rutgers University?Camden Graduates. During a commencement speech to 2019 graduates of Rutgers University?Camden, Philadelphia Fed President Patrick T. Harker talked about the quality of resilience. ?That?s an advantage that puts you 10 yards ahead of everyone else,? he said. ?That?s your superpower.?
Speech
An Economic Outlook
President Patrick T. Harker presents his economic outlook at the Greater Philadelphia Chamber of Commerce?s Region on the Rise event about the city?s construction and real estate development. He also offers his views on monetary policy.
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Monetary Policy Normalization: Low Interest Rates and the New Normal
Philadelphia Fed President Patrick T. Harker discussed “where we were, where we are, and where we’re going” in the Fed’s effort toward monetary policy normalization during opening remarks to a roundtable at the Official Monetary and Financial Institutions Forum in New York City. Harker said the Fed is reviewing its strategies, tools, and communication practices to reflect the changes in the U.S. economy since the Great Recession.
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Fulfilling John Hayford’s Legacy: Moving Economics Toward a New Way to Value Infrastructure
At a lecture at Northwestern University, Philadelphia Fed President and CEO Patrick Harker emphasized the connection between transportation infrastructure and the economy. Harker noted that it has been 70 years since the “nation’s last, great infrastructure boom” and that decisions about the future of infrastructure provide an opportunity to look at not just the costs, but “the long-range economic and quality of life benefits.” He pointed to Philadelphia Fed research, which he believes “can be put into action to help us achieve a stronger economic and more reliable transportation ...
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A Shot in the Arm: Stimulating the American Workforce
New economic policies are needed to combat the nation?s persistently declining labor force participation rate, Federal Reserve Bank of Philadelphia President Patrick T. Harker said today in a speech to the World Affairs Council of Philadelphia. President Harker said the U.S. labor market is strong, but the participation rate is waning.
Speech
Higher Education in an Evolving Economy
Speaking in New York City, Philadelphia Fed President Patrick Harker talked about the challenges facing the U.S. higher education system in an evolving economy. He also discussed the barriers many underrepresented students encounter.
Speech
On Balance: All Things Considered on the Road to Normal
Philadelphia Fed President Patrick Harker discussed the U.S. and global economies and the Fed?s monetary policy outlook at the Official Monetary and Financial Institutions Forum in London. Regarding unwinding the balance sheet, Harker said a ?slow and steady approach? that leads to a gradual decrease in average reserves is ?not only the safer option, it has the additional advantage of reducing uncertainty. ??