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Speech
Welcome Remarks: Neuroeconomics and Financial Decision Making: Foundations and Applications in New Domains Symposium
President Patrick T. Harker delivered opening remarks at the Philadelphia Fed?s Neuroeconomics and Financial Decision Making symposium. The event explored the emerging field of neuroeconomics and its effects and applications, from individuals? financial decision making to macroeconomics
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Economic Reliance on Anchor Institutions
An Analysis of New Data from the Anchor Economy Initiative at the Federal Reserve Bank of Philadelphia
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An Economic Outlook - New Jerseys Bankers Association
Philadelphia Fed?s Harker: New Jersey?s Economy Shows Significant Progress Despite Slow Recovery January 20, 2017 While New Jersey?s economy has made significant progress since the recession, the state faces ?different issues than other states? that impact the recovery of its housing and labor markets, Federal Reserve Bank of Philadelphia President Patrick T. Harker said today in remarks at the New Jersey Bankers Association?s annual Economic Leadership Forum
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Highlighting the Labor Market’s New Complexities; Listening to Worker Voices
Speaking at a National Association for Business Economics webinar, Philadelphia Fed President and CEO Patrick Harker said he expects “inflation to decline to somewhere around 3.5 percent this year.” But Harker said that he “will be closely monitoring incoming data, listening to our contacts and audiences, and evaluating economic conditions to assess whether additional tightening will be needed.” Harker also stressed the importance of “soft data” to complete our picture of the labor market, urging the audience to read the Fed’s new Worker Voices report, which details what U.S. ...
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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
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Welcoming Address
Philadelphia Fed President Patrick Harker delivered welcoming remarks at the Bank?s biennial Policy Forum. This year?s forum focused on research that explores how cities can revitalize their economies in an inclusive way.
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The Best Answers Start with the Right Questions
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 ...
Speech
Ever Evolving, Never Irrelevant: The Philadelphia Fed’s Fintech Conference
In his opening remarks at the Eighth Annual Fintech Conference, Philadelphia Fed President and CEO Patrick T. Harker spoke to the “always evolving” fintech landscape and the importance of “understand[ing] the full discussion” by inviting “all views into these conversations, so we can assure ourselves of actual progress that works for those of us in this room and also for consumers.”Harker noted that the conference extends beyond conversations about new technological developments in fintech, such as instant payment systems, stating that attendees “are not just talking about the ...
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The Economy, the Pandemic, and Machine Learning
The U.S. economy is recovering more strongly than originally anticipated, but significant risks related to COVID-19 and fiscal policy remain, said Patrick T. Harker, president and CEO of the Federal Reserve Bank of Philadelphia. Harker, delivering a keynote address virtually at the Official Monetary and Financial Institutions Forum, focused on artificial intelligence and machine learning.
Speech
Keynote Address
Addressing the Equitable Transit Summit in Scranton, PA, on October 17, Philadelphia Fed President Patrick Harker discussed how access to transportation is a building block for economic well-being.