The Best Answers Start with the Right Questions

Patrick T. Harker

Speech from Federal Reserve Bank of Philadelphia

Abstract: Speaking at the Global Interdependence Center’s 42nd Annual Monetary and Trade Conference, Philadelphia Fed President and CEO Patrick T. Harker said he remains “focused on seeing inflation return to a clear path toward our target rate of 2 percent annually,” but that progress toward that goal has been “uneven.” Harker also said he sees “two cuts, or none, for this year as quite possible, if that data break one way or another,” underscoring the need to remain “data dependent.” Harker also reflected on diversity in the field of economics, noting “the vital need for diversity not just in economic thinking, but in economic thinkers.” He said the Philadelphia Fed has partnered with the National Association for Business Economics in an effort to bring historically underrepresented individuals into the field.

Pages: 7
Date: 2024-06-17
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