About Us

We are one of 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System. As the central bank of the nation, we work to ensure the strength and integrity of the U.S. economy and financial system.

Federal Reserve Bank of Philadelphia President Patrick Harker speaking to an audience

Speech

Economic Outlook: Growth Despite Constraints

The Prosperity Caucus, Washington, D.C. | Virtual Event

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Find out about our events, upcoming speeches by President Harker, FOMC Blackout Periods, and our calendar of economic releases.

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Press Release

Fed President Patrick Harker Says It Will “Soon” Be Time to Taper Asset Purchases

Philadelphia Fed President Patrick Harker told a virtual audience at the Prosperity Caucus in Washington, D.C., that the asset purchases once necessary during the acute phase of the COVID-19 pandemic are no longer effective as a tool for supporting the economy.