Patrick Harker on the US Economic Outlook and Global Inequality

Date/Time
Date(s) - 05/06/20
5:15 pm - 6:30 pm

Location
Chicago Council on Global Affairs

Hosted by
Chicago Council


Patrick Harker on the US Economic Outlook and Global Inequality

Patrick Harker, President and CEO, Federal Reserve Bank of Philadelphia

Chicago Council on Global Affairs

From a protracted trade war to a new NAFTA agreement, 2019 was an eventful economic year. With the gross domestic product growth rate now forecasted at around 2% for 2020, Federal Reserve Bank of Philadelphia President Patrick Harker shares his insights on the key issues facing the US economy – as well as the impact on global growth coming from economic inequality. Join us as President Harker discusses his outlook for US growth, jobs, inflation, and the future of the global economy.

President and CEO, Federal Reserve Bank of Philadelphia

Patrick T. Harker took office as the 11th president and CEO of the Federal Reserve Bank of Philadelphia on July 1, 2015. In this role, he participates on the Federal Open Market Committee which formulates the nation’s monetary policy. Before taking office at the Philadelphia Fed, Harker was the 26th president of the University of Delaware. He was also a professor of business administration at the university’s Alfred Lerner College of Business and Economics and a professor of civil and environmental engineering at the College of Engineering. Previously, Harker was dean and reliance professor of management and enterprise at the Wharton School of the University of Pennsylvania. In 2012, he was named a fellow of the Institute for Operations Research and the Management Sciences (INFORMS) and a charter fellow of the National Academy of Inventors. Harker was also named a White House fellow by President George H. W. Bush in 1991 and was a special assistant to FBI Director William S. Sessions from 1991 to 1992. He holds a PhD, an MA, an MS, and BS – all from the University of Pennsylvania.

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