TODAY: President Kashkari will be participating in a panel discussion this morning 10:30-11:30am CT at the Aspen Ideas Festival. You can view this event live on our website: https://www.minneapolisfed.org/live

Ben Bernanke on Alan Greenspan: ‘I was sorry to hear of Alan’s passing. He was a great central banker who helped lead his country through almost two decades of prosperity. I always found him generous with his time and insights. We are still learning from him, even if he is no longer with us.”

Read Chairman Warsh's full opening statement from the #FOMC press conference (PDF):  www.federalreserve.gov/mediacenter/...

New research from Card, Rothstein, and Yi finds no evidence that Black workers live farther from “good jobs” than White workers. Proximity doesn’t explain the racial earnings gap. What other factors may be at play? Learn more in @lisacamnermckay.bsky.social 's latest piece: https://bit.ly/4aDA5YZ

How are recent policy changes like zoning reforms and rent stabilization affecting Saint Paul’s housing market? Results are mixed, according to data from our new Saint Paul Housing Dashboard—and according to perspectives of property owners and managers. https://bit.ly/4x8zqsl

Is #AI transforming business overnight? Not quite. Our latest analysis of Census data shows 20% of U.S. businesses now use AI—but adoption remains experimental and uneven. Learn more in @erickgarcialuna.bsky.social#AI's new article. https://bit.ly/4dGZXFx

What's up in the Ninth District's economy? Gas/diesel/airfare prices Construction materials like PVC Overall economic activity Construction activity Uncertainty Watch latest #BeigeBook video to hear more about what's up (and down) in our regional economy. Read more: https://bit.ly/38gH0aC

Cyclical... Median... Trimmed Mean... and the most vividly named alternate inflation statistic: Sticky! @jeffhorwich.bsky.social explores different ways Fed measures inflation in his new Fed Fluent video--with special shoutouts to SF Fed, @clevelandfed.bsky.social, Dallas Fed, and @atlantafed.org.

President Kashkari will be participating in a panel discussion at the 2026 Bank of Korea International Conference. This event will be livestreamed on our site 12:50am-2:20am CT. Watch here: https://www.minneapolisfed.org/live

In the Midwest we often focus on crops like corn, soybeans, and wheat. But what about sugar beets? In a recent webinar sharing results from our Q1 ag credit survey, a viewer asked Joe Mahon about sugar beets. Here’s what he had to say. (Find the full webinar here: https://bit.ly/3Osbwqn)

Watch @minneapolisfed.bsky.social President Neel Kashkari’s interview w/ CNBC Asia earlier today. He is visiting Japan and attending the Bank of Japan’s policy conference. www.cnbc.com/video/2026/0...

The Sloan Foundation is searching for a new Director of its Economics Program. At a critical time when federal research funding is limited, this is a critical position. Please circulate this opportunity to shape and support economics and economists widely! sloan.org/about/careers

Kevin Warsh takes oath of office as chairman and a member of the Board of Governors of the Federal Reserve System, and the Federal Open Market Committee unanimously selects Warsh as its chairman: www.federalreserve.gov/newsevents/p...

New Center for Indian Country Development analysis explores tribal economic diversification in gaming, federal contracting, and beyond. While most tribes with businesses operate in these two industries, a majority of tribal businesses are in other areas: https://bit.ly/422oGNV

Why do 40% of high-aptitude students—especially low-income students—skip high-quality universities? Oksana Leukhina @stlouisfed.bsky.social research examines this "quality undermatch" gap and explores solutions to improve equality of opportunity. https://bit.ly/48ichsK  

Congratulations to Simon Mongey who was awarded the 2026 Frisch Medal (presented by @econometric.bsky.social) along with co-authors Adrien Bilal, Niklas Engbom, and Giovanni Violante for their paper “Firm and Worker Dynamics in a Frictional Labor Market.” Read more: https://bit.ly/42JRues

Regional Economic Conditions: Construction June 5, 9-9:30am CT Join Regional Outreach Director @erickgarcialuna.bsky.social for a webinar discussing results from the spring survey of construction firms across the Ninth District. Register here: https://bit.ly/49J2EDX

This week's Views from the Ninth photo was taken last weekend before we opened our doors for Doors Open. A beautiful day and a line stretching to the corner. It was a great turnout! #Minnesota

🗓️May 26 @ 12:30 PM CT Join the Chicago Fed for “Vanishing Tax Credits and a Shrinking Market: Who Can Afford to Rent?” a virtual discussion on the future of #LIHTC housing. #AffordableHousing #HousingPolicy 🔗Register here: www.chicagofed.org/events/2026/...

@jrothst.bsky.social wants to understand how jobs differ from each other--why firms in some regions of the country and some industries pay more than others. His research helps economists build a more realistic picture of the labor market. Read his interview: https://bit.ly/4mtubyq

In the U.S., the length of family leave benefits is headed up--but the length of actual leave-taking appears headed down. Our article looks at the parental leave landscape with research from @rebecca-jack.bsky.social, @btimpe.bsky.social, and Danny Tannenbaum: https://bit.ly/49B9lrA

Finance nerds, the @federalreserve.gov and its regional banks are now posting on Bluesky

LIVE NOW: President Kashkari is participating in a discussion at a St. Paul Area Chamber event. This conversation is moderated by B Kyle, president and CEO of the St. Paul Area Chamber. Tune in to the livestream: https://www.minneapolisfed.org/live

Last week, President Kashkari traveled to Marquette, MI. During the visit, he attended a roundtable discussion, toured Northern Michigan University's Engineering Technology Department labs, and participated in a Q&A at the InvestUP CEO Summit. Recording of Q&A video here: https://bit.ly/4d70EHZ

Nonwage income makes up approx 40% of total personal income in US--but differs in important ways from wage & salary income, its more familiar counterpart, and is more unequally distributed. We use IDDA & Health and Retirement Study data to assess this income source: https://bit.ly/4vy6KYY  

Parents who welcome a child may use federal unpaid leave, disability insurance, state paid leave, or employer-sponsored benefits for leave. But how much leave do parents actually take? @lisacamnermckay.bsky.social article reports new findings. Read more: https://bit.ly/49B9lrA

New Center for Indian Country Development analysis explores tribal economic diversification in gaming, federal contracting, and beyond. While most tribes with businesses operate in these two industries, a majority of tribal businesses are in other areas: https://bit.ly/422oGNV

LIVE NOW: President Kashkari is participating in a fireside chat at Northern Michigan University in Marquette, Michigan. The conversation is being moderated by InvestUP Michigan CEO Marty Fittante. Tune in to the livestream here: https://www.minneapolisfed.org/live

President Kashkari will participate in a fireside chat at Northern Michigan University in Marquette, Michigan today 12-1pm CT. The conversation will be moderated by InvestUP Michigan CEO Marty Fittante and will be livestreamed here: https://www.minneapolisfed.org/live

In case you missed Kashkari’s explainer on his dissent last week … including a detailed breakdown of factors impacting the outlook for the U.S. economy atm. #econsky

US goods #inflation is more than 2 percentage points above average. But categories predicted to be most affected by #tariffs do not align well with goods experiencing the most inflation. New analysis from our Neil Mehrotra and Mike Waugh. https://bit.ly/41UkGyL #EconSky

Pssst. It's us. The New York Fed is here on Bluesky. Make your way to the front of the line to become one of our earliest followers. And feel free to repost! It's not really a secret!

We are happy that our friends from the @newyorkfed.org are now here on @bsky.app too!

Kashkari: Why I dissented. The FOMC should offer a policy outlook that signals that the next rate change could be either a cut or a hike, depending on how the economy evolves www.minneapolisfed.org/article/2026...

Minneapolis Fed President Neel Kashkari wrote that heightened inflation risks from the Iran war led him to object to the Fed policy statement. on.wsj.com/4wlVnnx

Fed's Kashkari on his dissent this week: "The FOMC should offer a policy outlook that signals that the next rate change could be either a cut or a hike, depending on how the economy evolves."

Why I Dissented In his recent essay, President Kashkari explains why there is too much uncertainty to suggest the next rate adjustment will be a cut. Read it here: https://bit.ly/3OR7Heu #EconSky

New essay from @minneapolisfed.bsky.social President Neel Kashkari explaining his dissent this week at the FOMC meeting. #econsky

Watch Chair Powell’s statement from the #FOMC press conference:     Intro clip: youtu.be/jRgIxhMZF2E   Full video: youtu.be/UR2yFg--1jY Press conference materials: www.federalreserve.gov/monetarypoli...

Most Americans receive relatively little nonwage income--the median in 2023 was just $3K per adult. But 2 groups uniquely rely on it: higher-income Americans & older Americans. We look at how nonwage income matters for these households in new For All https://bit.ly/4vy6KYY 

WATCH LIVE TODAY: Press conference with #FOMC Chair Powell at 2:30 p.m. ET: www.federalreserve.gov www.youtube.com/federalreserve

The spring issue of For All is out now! Grab your copy to learn more about nonwage income in the U.S. economy, what we can learn from real median household income, and where microequity financing is showing success. PDF available here: https://bit.ly/32ycmGd

How did forecasters miss the post-pandemic inflation surge? How was the U.S. policy response better or worse than elsewhere? Guido Lorenzoni of Chicago Booth guided our panel through this essential discussion, now featured in our Quarterly Review. https://bit.ly/4sg6POQ

For 75 years, economics students have learned to graph a monopoly: A single seller with market power. Our economist James Schmitz, Jr. says this "wrong turn" in economics leads us to overlook monopolies all around us--and the extensive costs they impose. https://bit.ly/4sAfon5 #EconSky

Right on @jrothst.bsky.social www.minneapolisfed.org/article/2026...

Hospitality businesses in the #TwinCities metro reported declines in customer traffic at the start of the year in a recent survey by the Minneapolis Fed. Read more in a summary of survey results by Haley Chinander: https://bit.ly/4cds3Hz

Services make up more than 70% of GDP—so this sector now has its own section in our #BeigeBook report. What is happening in this sector and others across the Ninth District? Watch our latest Beige Book video for a two-minute rundown. Full report here: https://bit.ly/4cmZw1a #EconSky

NEW in For All: Nonwage income makes up 40% of U.S. personal income. Who has it and what is its role in Americans' well-being? Jesse Rothstein assembles evidence to rebuild American opportunity. Plus new research on AI, credit gaps, and microequity. https://bit.ly/32ycmGd #EconSky

The new issue of For All from @oiginstitute.bsky.social explores who has nonwage income, sources of intergenerational mobility, access to higher education, and the role of neighborhoods on loan repayment. Read online or download the PDF here: https://bit.ly/32ycmGd