MPR News with Angela Davis

Minneapolis Fed president talks potential recession

Inverted yield curves, GDP, inflation are all terms that are second nature to Neel Kashkari, president of the Minneapolis Federal Reserve Bank.

Neel Kashkari, president of the Mpls. Fed
Neel Kashkari, is the new president of the Minneapolis Federal Reserve Bank.
Judy Griesedieck for MPR News

He joined host Angela Davis to talk about these confusing economic indicators and how they might be pointing towards a national recession.

He also spoke about the rich history between the Minneapolis Federal Reserve and the University of Minnesota. For 50 years, they’ve teamed up on economic policy research that touches on topics that drive Minnesota’s ever-growing economy.

Fed president Neel Kashkari has spoken about these topics publicly. He was the first Minneapolis Fed president in recent memory to go in front of the legislature to discuss issues like economic disparities, the importance of immigration and affordable housing.

The University and the Fed will be celebrating their research history with a public event on Thursday, Aug. 22. More information can be found here.

Host Angela Davis spoke to Kashkari about this research relationship and what it means to the Minneapolis Fed.

Use the audio player above to listen to the program.

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