Knowledge at Wharton
Knowledge at Wharton
The Wharton School
This Week In Business: Why Interest Rates Can’t Fix Deeper Economic Problems
11 minutes Posted Jan 30, 2026 at 9:00 am.
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Show notes
Patrick T. Harker, former President of the Federal Reserve Bank of Philadelphia and current Wharton Professor of Operations, Information, and Decisions, draws on his experience to discuss why monetary policy has clear limits, the need for political follow-through on fiscal and workforce issues, and how investments in education, skilled trades, and digital innovation are essential for securing the nation’s long-term economic future.

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