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The Opportunities of a Tight Labor Market

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  • Patrick T. Harker

Abstract

Describing the U.S. economy as in “good shape,” Philadelphia Fed President Patrick Harker said he thought monetary policy should remain unchanged. “My own view right now is that we should hold steady for a while and watch how developments and the data unfold before taking any more action,” he told the Main Line Chamber of Commerce on February 12 in Malvern, PA.

Suggested Citation

  • Patrick T. Harker, 2020. "The Opportunities of a Tight Labor Market," Speech 87460, Federal Reserve Bank of Philadelphia.
  • Handle: RePEc:fip:fedpsp:87460
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    File URL: https://www.philadelphiafed.org/-/media/frbp/assets/institutional/speeches/harker/2020/02-10-20-lyons-ceee-economic-forecast.pdf
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