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Minneapolis Fed

@minneapolisfed.bsky.social

470 followers 130 following 100 posts

We serve the public by pursuing a growing economy and stable financial system that work for all of us. Serving the Ninth Federal Reserve District.

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Minneapolis Fed @minneapolisfed.bsky.social · 4h

Hundreds of Minnesota iron miner are still out of work because of low steel demand from the auto industry. But, over the long term, other trends are keeping employment down, according to Tu-Uyen Tran.

Minneapolis Fed @minneapolisfed.bsky.social · 7h

Thanks to Joe M. for this week's employee photo submission for our Views from the Ninth photo series! Joe's photo is of the Marquette Maritime Museum and Harbor Lighthouse in Marquette, Michigan. The lighthouse, built in 1866, stands as the city's oldest prominent structure.

A photo of the Marquette Maritime Museum and Harbor Lighthouse at night.

Minneapolis Fed @minneapolisfed.bsky.social · 11h

The Ninth District has experienced significant interest from large-scale data center developers, but many projects are still in the planning stage. Read more about these developments in the latest article by Haley Chinander: https://bit.ly/3VVxUsc

Massive data centers lay roots in the Ninth District | Federal Reserve Bank of Minneapolis

Large-scale data center developers show interest in the district, but projects are still in the planning stage

Minneapolis Fed @minneapolisfed.bsky.social · 2d

Private data like Harvard Business School Pricing Lab is now as important as ever. @jeffhorwich.bsky.social talked with Harvard's Alberto Cavallo about their findings on tariffs and how to interpret them. https://bit.ly/42zz4NM

Daily pricing data reveal the slow-rolling impact of tariffs | Federal Reserve Bank of Minneapolis

Prices are rising for U.S. consumers even as cautious retailers eat much of the tariffs for now

Minneapolis Fed @minneapolisfed.bsky.social · 2d

Economists discussing the essential topic of the Fed's operating framework use the terms "corridor" & "floor" like they're at a real estate open house. What are they talking about? It's some pretty wonky stuff--which is where @jeffhorwich.bsky.social
comes in with another episode of FedFluent.

Minneapolis Fed @minneapolisfed.bsky.social · 2d

Our new analysis of American Housing Survey data finds that real costs of housing for #homeowners with mortgages grew by 1.6% from 2021 to 2023. While average mortgage costs were largely flat, housing costs grew 14.1% for recent movers. Read more: https://bit.ly/3IgMDe8

Homeowner expenses outpaced inflation from 2021 through 2023 | Federal Reserve Bank of Minneapolis

Non-mortgage costs drove the increase in homeowners’ average housing budgets

Minneapolis Fed @minneapolisfed.bsky.social · 2d

Two Minnesota iron mines are still idled and hundreds of workers furloughed. What are the long-term prospects for the industry? @tuuyentran.bsky.social digs into the data to find out.

Minneapolis Fed @minneapolisfed.bsky.social · 3d

With a higher minimum wage, companies might not adapt much at first. Only as they make capital investment decisions will the long-term effects unfold. Patrick Kehoe & co-authors recently updated their research modeling these critical transition effects. https://bit.ly/4jki97P

The Macroeconomic Dynamics of Labor Market Policies | Federal Reserve Bank of Minneapolis

Minneapolis Fed @minneapolisfed.bsky.social · 3d

The final panel in today's CICD Data Summit begins soon, followed by closing remarks from Minneapolis Fed SVP Alene Tchourumoff.

Panel: Data and its Role in Diversifying Enterprises and Services

Tune in to the livestream to view. https://www.minneapolisfed.org/live

CICD 10th Anniversary and Data Summit | Federal Reserve Bank of Minneapolis

Braiding the past and future of Native economies

Minneapolis Fed @minneapolisfed.bsky.social · 3d

Beginning soon in today's CICD Data Summit ➡️

Panel: Partnerships and the Investment Landscape in Indigenous Communities

Watch live: https://www.minneapolisfed.org/live

CICD 10th Anniversary and Data Summit | Federal Reserve Bank of Minneapolis

Braiding the past and future of Native economies

Minneapolis Fed @minneapolisfed.bsky.social · 3d

Next in today's CICD Data Summit ⬇️

Panel: Using Tribal Finance Data to Shape Your World: The Survey of Native Nations

Learn more about the Survey of Native Nations with our recent article (scroll to additional resources) and find event livestream here: https://www.minneapolisfed.org/live

CICD 10th Anniversary and Data Summit | Federal Reserve Bank of Minneapolis

Braiding the past and future of Native economies

Minneapolis Fed @minneapolisfed.bsky.social · 3d

LIVE NOW: President Neel Kashkari in conversation with @federalreserve.gov Governor Michael Barr at the Economic Club of Minnesota. Tune in to watch: https://www.minneapolisfed.org/live

Live | Federal Reserve Bank of Minneapolis

Watch live video of speeches and events

www.minneapolisfed.org

Minneapolis Fed @minneapolisfed.bsky.social · 3d

Up next in the CICD Data Summit event➡️

10:50-11:20am CT Presentation: Analyzing Native Economies Across Time and Place

11:20am-12pm CT Panel: Tribal Public Finance: A Decade of Innovation

Watch live: https://www.minneapolisfed.org/live

CICD 10th Anniversary and Data Summit | Federal Reserve Bank of Minneapolis

Braiding the past and future of Native economies

Minneapolis Fed @minneapolisfed.bsky.social · 3d

As part of today's Center for Indian Country Development Data Summit, Director Casey Lozar will give remarks followed by a fireside chat with Brookings Metro's @robmaxim.bsky.social. Tune in live 10:15-10:50 a.m. CT to listen: https://www.minneapolisfed.org/live

CICD 10th Anniversary and Data Summit | Federal Reserve Bank of Minneapolis

Braiding the past and future of Native economies

Minneapolis Fed @minneapolisfed.bsky.social · 3d

Today, President Neel Kashkari will moderate a conversation with @federalreserve.gov Governor Michael Barr at the Economic Club of Minnesota 12-1pm CT. Find the livestream of the event here: https://www.minneapolisfed.org/live

Live | Federal Reserve Bank of Minneapolis

Watch live video of speeches and events

www.minneapolisfed.org

Minneapolis Fed @minneapolisfed.bsky.social · 3d

Today's CICD Data Summit will provide the opportunity to take a deeper dive into economic topics of interest. Join us for panel discussions featuring Indian Country thought leaders & economic experts. Event begins at 10am CT. Full agenda & livestream: https://bit.ly/46olnDu

CICD 10th Anniversary and Data Summit | Federal Reserve Bank of Minneapolis

Braiding the past and future of Native economies

www.minneapolisfed.org

Minneapolis Fed @minneapolisfed.bsky.social · 3d

In our region, a fledgling data center boom is just starting to take off. At least 25 large-scale center locations have been proposed, and thousands of acres of land have been purchased for potential development. Haley Chinander's latest article explains: https://bit.ly/3VVxUsc

Massive data centers lay roots in the Ninth District | Federal Reserve Bank of Minneapolis

Large-scale data center developers show interest in the district, but projects are still in the planning stage

Minneapolis Fed @minneapolisfed.bsky.social · 4d

This afternoon President Neel Kashkari participated in a virtual fireside chat with @smith.senate.gov (MN) at the Center for Indian Country Development's 10th Anniversary and Data Summit. View the recording here: https://bit.ly/3Wvdzdo

Neel Kashkari participates in fireside chat with U.S. Senator Tina Smith (MN) at CICD’s 10th Anniversary and Data Summit | Federal Reserve Bank of Minneapolis

Minneapolis Fed @minneapolisfed.bsky.social · 4d

You can find a recording of this event here: bit.ly/3Wvdzdo

Neel Kashkari participates in fireside chat with U.S. Senator Tina Smith (MN) at CICD’s 10th Anniversary and Data Summit | Federal Reserve Bank of Minneapolis

Minneapolis Fed @minneapolisfed.bsky.social · 4d

This week, President Kashkari joined OpenAI's Ronnie Chatterji for a conversation moderated by @apnews.com's Josh Boak as part of the @startribune.com North Star Summit. You can view a recording of the conversation here: https://bit.ly/4nzXHlQ

3 people sitting on a stage. The screen behind them says, "AI and the Midwest Economy, Josh Boak, Neel Kashkari, Ronnie Chatterji"

3 people sitting on a stage.

Minneapolis Fed @minneapolisfed.bsky.social · 4d

Join us tomorrow on day two of the Center for Indian Country Development event for a data summit which will feature remarks from Bank leadership and panel discussions with Indian Country thought leaders. The event will be livestreamed beginning at 10am CT: https://bit.ly/46olnDu

CICD 10th Anniversary and Data Summit | Federal Reserve Bank of Minneapolis

Braiding the past and future of Native economies

Reposted by Minneapolis Fed

Federal Reserve @federalreserve.gov · 4d

Speech by Governor Barr on community development and Indian Country @minneapolisfed.bsky.social: www.federalreserve.gov/newsevents/s...

Watch live: www.minneapolisfed.org/live

Learn more about Governor Barr: www.federalreserve.gov/aboutthefed/...

Speech by Governor Barr on community development and Indian Country

Good afternoon. Thank you for the invitation to be here to help mark the 10th anniversary of the Center for Indian Country Development (CICD) and to further th

www.federalreserve.gov

Minneapolis Fed @minneapolisfed.bsky.social · 4d

We are honored to have Governor Michael Barr from the @federalreserve.gov Board of Governors give remarks as part of today's CICD 10th-Anniversary event. You can watch him deliver his remarks live 4:45-4:55pm CT here: https://bit.ly/46olnDu

CICD 10th Anniversary and Data Summit | Federal Reserve Bank of Minneapolis

Braiding the past and future of Native economies

Minneapolis Fed @minneapolisfed.bsky.social · 4d

Economic Innovations in Indian Country

Today's next panel for the Center for Indian Country Development 10th-Anniversary Event begins soon. Join us live 4-4:45pm CT. https://bit.ly/46olnDu

CICD 10th Anniversary and Data Summit | Federal Reserve Bank of Minneapolis

Braiding the past and future of Native economies

www.minneapolisfed.org

Minneapolis Fed @minneapolisfed.bsky.social · 4d

Up next in today's CICD 10th-Anniversary Event, President Neel Kashkari will host a virtual fireside chat with @smith.senate.gov 3:30-4:00pm CT. Watch live: https://bit.ly/46olnDu #IndianCountry

CICD 10th Anniversary and Data Summit | Federal Reserve Bank of Minneapolis

Braiding the past and future of Native economies