Patrick T. Harker
American engineer and former president of the University of DelawareWikipedia
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Search complete. 7 mentions across 4 episodes found for "Patrick T. Harker".
Sep 2, 2026
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Walsh told Jackson Hole, the supply side fares no better in his account.
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President Patrick T. Harker had made the plainer version in 2019.
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As Patrick T. Harker put it, monetary policy isn't that precise.
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Despite some of the smartest thinkers and the best models, we can't assign a degree of certainty to any of the variables.
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We're not 100% sure what inflation is, Walsh said, restoring in the abstract the instrument he has just retired in its guidance form.
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The refusal of a published rule or a conditional path is unaddressed.
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The archive reached none of its checkable atoms, so the refusal stands unresolved, not refuted.
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The premise beneath that refusal, that the economy cannot be read precisely enough for a mechanical rule, is supported on the record, which is why Harker stands quoted above.
Jonathan FerroHOST
Fed Chair Kevin Warsh gearing up to speak from Jackson Hole at 10:00 AM Eastern Time.
Jonathan FerroHOST
The former Philadelphia Fed president Patrick Harker writing, "Warsh has three elephants in that room, inflation, the Treasury market, and the fiscal situation underneath both.
Jonathan FerroHOST
Watch what he addresses rather than what he promises." Patrick joins us now for more.
Jonathan FerroHOST
Patrick, welcome to the program, sir.
Colin WoodallGUEST
Thanks for having me.
David FaberHOST
Still ahead, former Philly Fed President Patrick Harker will join us.
David FaberHOST
This ahead, of course, of Jackson Hole later this week.
David FaberHOST
We'll get his expectations for Fed Chairman Warsh's keynote and rate policy at large.
David FaberHOST
The Federal Reserve set to kick off its annual economic policy symposium in Jackson Hole.
David FaberHOST
That'll be later this week.
David FaberHOST
Joining us with what to expect is former Philadelphia Fed President Patrick Harker.
David FaberHOST
Patrick, good to have you.
Keith LantonHOST
So after dodging specifics in July, markets at that time tumbled over fears that the Fed is merely talking tough without a concrete map.
Keith LantonHOST
Fed veterans like Jim Bullard and Patrick Harker are warning that central bank credibility is on the line, that Chairman Walsh cannot just promise price stability.
Keith LantonHOST
without clarifying if rate hikes are on the table.
Keith LantonHOST
Economists are already comparing Warsh's appointment to Paul Volcker, where a tectonic shift away from decades of Fed continuity was the mantra that Paul Volcker instilled at the Fed.