Paul Wallace
@ptwall.bsky.social
430 followers 1.1K following 74 posts
Strategic comms @MinneapolisFed. Views are my own. Also active on Threads at https://threads.net/@ptwall.
Posts Media Videos Starter Packs
Reposted by Paul Wallace
oiginstitute.bsky.social
One way to think about income inequality is to compare a group’s share of earners to its share of earnings. For ex, men are 51% of earners in IDDA but receive 61% of income (gap of+10 ppts). Hispanic earners are 15.4% but earn 11.5% (gap of -3.9 ppts). https://bit.ly/46XR1Fu
A bar chart illustrating the share of earners vs the share of earnings
Reposted by Paul Wallace
minneapolisfed.bsky.social
LIVE NOW: President Kashkari is participating in a conversation with OpenAI's Ronnie Chatterji on #AI and the economy at @startribune.com's North Star Summit. Conversation is being moderated by @apnews.com Josh Boak. Tune in to view: https://www.minneapolisfed.org/live
Live | Federal Reserve Bank of Minneapolis
Watch live video of speeches and events
www.minneapolisfed.org
Reposted by Paul Wallace
minneapolisfed.bsky.social
President Kashkari will participate in a conversation with OpenAI's Ronnie Chatterji on #AI and the economy at @startribune.com North Star Summit today 10:30-11:15am CT. Conversation will be moderated by @apnews.com's Josh Boak. Watch live: https://www.minneapolisfed.org/live
Live | Federal Reserve Bank of Minneapolis
Watch live video of speeches and events
www.minneapolisfed.org
Reposted by Paul Wallace
oiginstitute.bsky.social
Mark your calendars for the 2025 Institute Research Conference, a showcase of frontier-style research that the Institute engages with and supports.

Register now and we'll send you a calendar invite with the livestream link 👇

https://bit.ly/4gSFopm #EconSky
2025 Institute Research Conference, November 13, 2025, Opportunity & Inclusive Growth Institute
Reposted by Paul Wallace
minneapolisfed.bsky.social
Where and how much are tariffs showing up in consumer prices? Daily retail price data analyzed by Harvard Business School Pricing Lab give a more detailed view than government statistics. @jeffhorwich.bsky.social breaks down the data with economist and Pricing Lab co-founder Alberto Cavallo.
Reposted by Paul Wallace
minneapolisfed.bsky.social
CDFIs serve markets underserved by traditional finance. At the MN CDFI Coalition Conference, Minneapolis Fed SVP Alene Tchourumoff shared insights from the Federal Reserve 2025 CDFI Survey, reflecting input from 450 CDFI leaders. Explore the findings: https://bit.ly/46IgPbg
In a conference room at Anoka-Ramsey Community College in Coon Rapids, Minnesota, Federal Reserve Bank of Minneapolis Senior Vice President Alene Tchourumoff stands at a podium and speaks to a group of people who are seated at tables. Two large screens on the wall behind her display her presentation slides. The occasion is the MN CDFI Coalition Conference on September 16, 2025.
Reposted by Paul Wallace
oiginstitute.bsky.social
In the newest installment of Inquiring Minds, @lukasfreund.bsky.social talks about incremental vs radical innovation and why the scale of technological change over last 200 years matters. Read it here: https://bit.ly/3I6HHIN
Inquiring minds: Q&A with Lukas Freund | Federal Reserve Bank of Minneapolis
www.minneapolisfed.org
Reposted by Paul Wallace
minneapolisfed.bsky.social
Farm bankruptcies remain low overall, but they're climbing both in the Ninth District and nationwide. This article delves into the factors driving the rise. https://bit.ly/4gR7Vfb
Farm bankruptcies have increased in the Ninth District, keeping some farmers afloat | Federal Reserve Bank of Minneapolis
bit.ly
ptwall.bsky.social
Here is the full @mprnews.org interview from earlier today with @minneapolisfed.bsky.social President Neel Kashkari. #econsky www.mprnews.org/episode/2025...
Reposted by Paul Wallace
minneapolisfed.bsky.social
Interpreting the latest twists and turns on tariffs begins with solid economic theory on trade. Senior Econ Writer @jeffhorwich.bsky.social introduces some of the innovative Minneapolis Fed economists who are watching the big picture. https://bit.ly/42DSFvz
Reposted by Paul Wallace
minneapolisfed.bsky.social
In latest Quarterly Review @tkehoe.bsky.social and Xing Xu of @hellerhurwicz.bsky.social examine the diverging fortunes of Mexico and China. Both are world-leading exporters that have opened their economies dramatically -- but with very different paths of economic growth. https://bit.ly/3V2Ac8A
Openness and Growth: A Comparison of the Experiences of China and Mexico | Federal Reserve Bank of Minneapolis
bit.ly
Reposted by Paul Wallace
minneapolisfed.bsky.social
The Center for Indian Country Development is collaborating with tribal governments to address a long-standing data gap in Indian Country: the need for high-quality public finance data. Learn more about the Survey of Native Nations in a new article: https://bit.ly/4nPX5bq
Expanded Survey of Native Nations pilot advances understanding of tribal public finances | Federal Reserve Bank of Minneapolis
With participation of tribes from the Pacific Northwest to the East Coast, second phase of survey facilitates further research-based insights on tribal treasuries
bit.ly
Reposted by Paul Wallace
minneapolisfed.bsky.social
What is the #BeigeBook?

Join our Beige Book team for “Conversations with the Fed” on Oct 1, 2–3 PM CT. Learn more about where the Beige Book came from, how it got its name, how it tracks real-time economic trends, and why we have won multiple Beigie Awards.

Register: https://bit.ly/4mgnZIf
Conversations with the Fed: The Beige Book | Federal Reserve Bank of Minneapolis
bit.ly
Reposted by Paul Wallace
minneapolisfed.bsky.social
On October 8, join Minneapolis Fed President Neel Kashkari and U.S. Senator @smith.senate.gov for a virtual fireside chat focused on economic empowerment in #IndianCountry.

Learn more and register to join us online: https://bit.ly/46olnDu
Top of image reads: Fireside Chat (Virtual) | Considerations from the Capitol: Fireside Chat with U.S. Senator Tina Smith (MN).

Center of image is photos of President Neel Kashkari, Federal Reserve Bank of Minneapolis, and Senator Tina Smith, U.S. Senate (MN), along with the following text: 3:30 p.m.-4:00 p.m. CT, Wednesday, October 8, 2025.

Bottom of image reads: CICD 10th Anniversary and Data Summit: Braiding the Past and Future of Native Economies. Bottom right corner of the image displays the CICD tenth-anniversary logo.
Reposted by Paul Wallace
minneapolisfed.bsky.social
We are honored to host Federal Reserve Governor Michael Barr at the Center for Indian Country Development (CICD) 10th Anniversary & Data Summit on Oct 8–9. Learn more about the event and register to join us online: https://bit.ly/46olnDu
Top of image reads: Featured Speaker Governor Michael S. Barr, Board of Governors of the Federal Reserve System.

Center of image is a photo of Governor Barr and the following text: 4:45-4:55 p.m. CT, Wednesday, October 8, 2025.

Bottom of image reads: CICD 10th Anniversary and Data Summit: Braiding the Past and Future of Native Economies. Bottom right corner of the image displays the CICD tenth-anniversary logo.
Reposted by Paul Wallace
minneapolisfed.bsky.social
Join the thousands of for-profit small businesses that take the annual Small Business Credit Survey and help the #FederalReserve obtain vital info on the current business climate: https://bit.ly/3IBovTz
Respond now! Small business credit survey
Reposted by Paul Wallace
minneapolisfed.bsky.social
Earning a college degree has been a path to higher wages for a very long time. But for last 20 years, the gap in wages of college-educated and HS–educated workers has plateaued. Read our new article about research from Bengali, Valletta, & Zhao: https://bit.ly/4mUUNaZ
What happened to the college wage premium? | Federal Reserve Bank of Minneapolis
For decades, the wages of college-educated workers rose more than wages of workers with fewer years of formal education. That gap has stopped growing.
bit.ly
Reposted by Paul Wallace
minneapolisfed.bsky.social
The Fed's tools to conduct monetary policy were changed dramatically by the Great Recession--a shift described as moving from a "corridor" to a "floor" system. Walk the halls for two minutes with @jeffhorwich.bsky.social to get a little more #FedFluent about the Fed's operating framework. #EconSky
Reposted by Paul Wallace
minneapolisfed.bsky.social
"It is challenging to assess with confidence which side of our dual mandate is at greater risk: price stability or maximum employment."

In a new essay, President Kashkari explores three important questions for the current path of #MonetaryPolicy. Read here: https://bit.ly/46tmQqS
Three Questions | Federal Reserve Bank of Minneapolis
bit.ly
Reposted by Paul Wallace
minneapolisfed.bsky.social
What is the #BeigeBook?

Join our Beige Book team for “Conversations with the Fed” on Oct 1, 2–3 PM CT. Learn more about where the Beige Book came from, how it got its name, how it tracks real-time economic trends, and why we have won multiple Beigie Awards.

Register: https://bit.ly/4mgnZIf
Conversations with the Fed: The Beige Book | Federal Reserve Bank of Minneapolis
bit.ly
Reposted by Paul Wallace
minneapolisfed.bsky.social
Do most entrepreneurs scrape by just to be their own boss? Analysis of tax records by our consultants Ellen McGrattan & Anmol Bhandari of @umn-econ.bsky.social (+ coauthors) reveals avg earnings 60% higher than paid-employed. But that's just part of the story... t.co/64LssYlWAD #econsky
Tax data reveal rewards and risks of self-employment

New research brief
Reposted by Paul Wallace
minneapolisfed.bsky.social
Thanks to Jason M. for this week's employee photo submission for Views from the Ninth. This view from Highline Trail was captured at Glacier National Park in #Montana.
View from Highline Trail in Glacier National Park, Montana. Photo of mountains with mist and pine trees in the foreground, clouds and a blue sky above