Neil Kashkari is president of the Federal Reserve Bank of Minneapolis. He says we live in a pluralistic society where norms and visions will never be reconciled totally among us. Do you think our relationships could remain intact if we were totally transparent about everything? I think it would lead to some bumpiness, that's one way to put it.
The Federal Reserve knows raising interest rates disproportionately hurts Black people. It just doesn’t have any better tools, says the Minneapolis Fed’s Neel Kashkari.
This episode was produced by Miles Bryan, edited by Matt Collette, fact-checked by Laura Bullard, engineered by Efim Shapiro, and hosted by Noel King.
Transcript at vox.com/todayexplained
Support Today, Explained by making a financial contribution to Vox! bit.ly/givepodcasts
Learn more about your ad choices. Visit podcastchoices.com/adchoices