Fed's Harker: The Fed has done a good job in navigating the economy


There is nothing here on the current outlook in the speech. He’s giving a lecture at Tulane University. It’s not clear if he will take questions.

  • Monetary policy likened to driving a bus – need to balance speed
  • Maximum employment involves job quality, not just quantity
  • Philadelphia Fed conducts research beyond monetary policy
  • Importance of both “hard” and “soft” data in decision-making
  • Fed plays crucial role in bank supervision and financial stability
  • Fed exploring AI and quantum computing impacts on finance

This article was written by Adam Button at www.forexlive.com.