Neil Kashkari

Talman Smith, an Economics reporter at The New York Times, reveals how interest rate hikes disproportionately affect Black workers, exacerbating existing inequalities. Neil Kashkari, President of the Federal Reserve Bank of Minneapolis, emphasizes the Fed's struggle to balance inflation control with the socioeconomic impact on marginalized communities. They discuss the historical unemployment gap between Black and white Americans and the urgent need for economic policies that address these disparities while navigating inflation's harsh realities.