WJON — When the Federal Reserve, the central bank of the United States, raises or lowers their interest rate, virtually everyone is affected.
On Tuesday, Neel Kashkari, one of a handful of people responsible for making changes to that rate, held a town hall Q&A with over a hundred people in St. Cloud State University’s Atwood Center Ballroom.
Kashkari is the president of the Federal Reserve Bank of Minneapolis, one of 12 regional banks making up the Federal Reserve system headquartered in Washington D.C. Kashkari’s district is a large swath of the upper Midwest including Minnesota, North and South Dakota, Montana, as well as northern Wisconsin and Michigan’s Upper Peninsula.
Read more: https://wjon.com/federal-reserve-bank-president-holds-town-hall-in-st-cloud/
