The Certainty of Uncertainty

Patrick T. Harker

Speech from Federal Reserve Bank of Philadelphia

Abstract: In a speech today to the Wharton Private Equity and Venture Capital Alumni Association, Philadelphia Fed President Patrick Harker observed that the U.S. economy has largely tracked the spread of the virus. Harker expects moderate economic growth for the rest of this year and the first half of 2021. With the introduction of a widely available and effective vaccine for COVID-19, he predicts robust growth through the second half of 2021 and 2022.

Keywords: monetary; policy (search for similar items in EconPapers)
Pages: 6
Date: 2020-12-02
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