CNN's John Sutter talks with a prominent black female economist in Washington, DC. She says she was at an impasse over how to achieve price stability without breaking the entire economy. "The sort of agreed upon vibe was one of just feeling really, really bad about 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
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