Patrick T Harker

2019 Community Banking in the 21st Century Research and Policy Conference

Speech · 2019-01-01 · 5 citations

Philadelphia Fed President Patrick Harker discussed the importance of community banks and issues they face, including technological change, demographic pressures, and regulatory burden during a keynote speech at the Community Banking in the 21st Century Research and Policy Conference in St. Louis.

Policy, politics, and the path ahead for the fed

Business Economics · 2025-12-04

Abstract Three former Federal Reserve Bank presidents discuss current issues facing the Fed, including the role of asset purchases in monetary policy, political pressures, the value of the Summary of Economic Projections and the “dot plot,” the role of r* , the value of dissents on the FOMC, and the recent changes in the monetary policy framework.

Understanding How Americans Earn, Save, and Invest: New Perspectives on Consumer Behavior in Credit and Payments Markets Conference

Speech · 2021-01-01

In welcome remarks at the virtual New Perspectives on Consumer Behavior in Credit and Payments Markets Conference, Philadelphia Fed President Patrick Harker highlighted groundbreaking research from the Consumer Finance Institute. The 11th biennial conference allowed researchers to share new research on homeownership, consumer bankruptcy, pandemic housing relief, and consumer protection and regulation, with a special focus on racial inequities.

The Economy, Inflation, and Forbearance

Speech · 2021-01-01

President Harker delivered a virtual speech to the Women in Housing & Finance on his economic outlook. “At the Fed, we’re planning to keep the federal funds rate low for long, but it may be time to at least think about thinking about tapering our $120 billion in monthly Treasury bond and mortgage-backed securities purchases, ” said Harker. “This is not something we are going to do suddenly, though. We need to follow the playbook we had after the Great Recession; that is, start to taper the bond…

Community Banks and Digital Innovation

Speech · 2021-01-01

During opening remarks at the virtual Innovation Office Hours, Philadelphia Fed President Patrick Harker underscored the importance of facilitating face-to-face discussions between banks and fintech firms. “Constructive dialogue among banks, fintech firms, and the Federal Reserve will help us to listen and learn from each other, ” he said. The series allows supervised financial institutions and nonbank fintech firms to meet with Fed staff to discuss financial technology innovation.