Patrick Harker - Federal Reserve Bank

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Last quote by Patrick Harker

Turning to inflation, things are still on track, despite a couple of months trending in the wrong direction. This is a very good sign; it's one of the things that's been missing as the recovery has unfolded.feedback
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Jun 02 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 think June's a distinct possibility ... quite possible.” in the article Rate hike in June 'a distinct possibility'.
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Patrick Harker quotes

Jan 20 2017

As expectations consolidate around our target rate, it makes it more likely that our target will become reality.feedback

Jan 20 2017

I see three modest hikes as appropriate for the coming year, assuming the economy stays on track.feedback

Jan 12 2017

When we are at or above 100 basis points - and we are moving toward that - I think it is time to start serious consideration of first stopping reinvestment and then over a period of time unwinding the balance sheet.feedback

Nov 17 2016

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

Nov 16 2016 - American economy

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

Nov 09 2016

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

Oct 13 2016

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

Sep 23 2016

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

May 25 2016

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

May 24 2016

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

Apr 12 2016

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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