Harker, a former find this dean of Wharton, brings a fresh perspective to the Philadelphia Federal Reserve. He has a background in operations and information management. He is a self-described “quant,” but his preparing for interviews background is not in the traditional econ Ph.D. mold of monetary policy. Harker is a voting member of the Federal Open Market Committee (FOMC) this year. This means he can dissent on policies if he finds the Federal Reserve (Fed) is not moving fast enough-or if it starts moving too fast-so it was interesting to hear his views on where the economy stands and how many interest rate hikes he sees coming. Three Hikes Harker penciled in three hikes on his “dot plot” for 2017, subject to a lot of uncertainty and revision. He had above-average estimates for growth in the economy: 2.3% in 2017 and 2.1% in 2018 and 2019-a bit higher than the rest of his Fed committee but not by a large amount. He also mentioned that these estimates do not factor in any additional stimulus from the incoming administration.
For the original version including any supplementary images or video, visit http://seekingalpha.com/article/4038740-interview-philadelphia-fed-president-pat-harker?source=feed_all_articles
Some will make you laugh, some will make you cry and some will probably make you smile at just how dominant this young man was throughout the years. As always we invite you to leave your comments below and tell us what your favorite moments were of his career. Next: Quick Start Humble beginnings (2002) Carl Edwards might have been an extraordinary talent in NASCAR, but it wasnt always checkered flags and back flips. In fact, Edwards starting his NASCAR racing career in the Camping World Truck Series driving for MB Motorsports in 2002. While his seven starts in the Series didnt produce any wins his rookie season, he did finish seventh at Kansas that year, which caught the attention of Jack Roush! He raced full time for Jack Roush in the truck series the very next year, gaining his very first win at Kentucky and nabbing three other wins thanks for this in the process. Believe it or not, this was only the start of things to come. Next: Making it big King of Daytona (2003) You know youve made in NASCAR when you notch a win at the biggest track on the entire circuit. Thats what happened to Carl Edwards in 2003 when he won the opening race at Daytona International Speedway in The Camping World Truck Series. Unfortunately for Edwards, this would also be his last win ever on a superspeedway, as he never won another plate race in any of NASCARs top three thanks series. With that being said, Edwards did go on to win two more races in the Truck Series that year and even finished a career best, fourth in points when all was said and done.
For the original version including any supplementary images or video, visit http://www.foxsports.com/nascar/story/carl-edwards-10-defining-moments-in-his-nascar-career-011917