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.