Patrick Harker

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Last quote by Patrick Harker

I still think that's the right call. I don't want to get behind the curve, but I don't think we need to rush, either.feedback
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Apr 03 2017
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Patrick Harker is associated, including March and policy. Most recently, Patrick Harker has been quoted saying: “I see three hikes as appropriate for 2017, assuming things stay on track.” in the article Fed's Harker repeats he sees three rate hikes in 2017.
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Patrick Harker quotes

We don't respond to swings in public opinion or election cycles.feedback

The independence of the Fed is crucial to making the best decisions possible for the American economy.feedback

If there are policies that would have distortive effects that we would have to respond to, we'll have to respond.feedback

What I'm worried about is depending on the outcome of the election and what happens after that, if there are polices that would have distortive effects that we would have to respond to, we'll have to respond. And I don't know which way that will go. But it may be prudent to wait until we have resolved some of that uncertainty.feedback

We can't wish for the resurgence of an economy long past. Economies evolve, and approaches to growth and stability have to change with them.feedback

If the data comes in and it's not consistent with my view of the strength in the economy, then I would pause. But otherwise I think a June rate increase is appropriate. But again, it does depend on what that data looks like.feedback

But again, it does depend on what that data looks like.feedback

Although I cannot give you a definitive path for how policy will evolve, it might prove prudent to wait until the inflation data are stronger before we undertake a second rate hike.feedback

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