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Minneapolis Fed

@minneapolisfed.bsky.social
814 followers 159 following 714 posts

We serve the public by pursuing a growing economy and stable financial system that work for all of us. Serving the Ninth Federal Reserve District.

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Minneapolis Fed @minneapolisfed.bsky.social · 3h
New data indicators available from Minneapolis Fed Research—built by economists to inform research and policy. Updated regularly to provide credible, timely inputs on macro trends. Explore & download: bit.ly/4hIGvsv #EconSky
A series of three graphs titled "AI Trade Tracker," "QLMonthly: Quits and Layoffs to Nonemployment," and "Trade Policy Uncertainty Index." Each graph shows different data trends with lines in various colors. Accompanying text provides brief descriptions of each dataset, including "monthly U.S. imports of AI data center products," "time series of quits and layoffs since 1978," and "measure of uncertainty in trade policy.
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Minneapolis Fed @minneapolisfed.bsky.social · 6h
Say the gov't sends you $100. Maybe you spend it all. Because you're $100 richer, you might not spend the next $100 the same way. Intuitive point; big challenge for macroeconomic measurement. Explore new research from our Javier Bianchi with Greg Kaplan bit.ly/4ycIlbM
A graphic with text: "When measuring the effect of large fiscal transfers, there are no shortcuts." The right side features a label "NEW" above "Research Brief" from the Federal Reserve Bank of Minneapolis.
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Minneapolis Fed @minneapolisfed.bsky.social · 05/10/2026
Understanding maximum employment requires more than one statistic. @amandamichaud.bsky.social 's research shows that labor market flows and survey responses can both be valuable for assessing the state of the labor market. Read the recent article: bit.ly/46Cmlvg
An abstract image featuring stylized glasses combined with a fluctuating line resembling a heartbeat or data waveform. The background shows a blurred crowd of people.
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Minneapolis Fed @minneapolisfed.bsky.social · 04/10/2026
Thanks to Kim M. for this week's employee photo submission for Views from the Ninth, taken of a sunrise over Swan Range at Holland Lake in #Montana. Our weekly photo series celebrates the beauty and diversity of the Ninth District—from MT, ND, SD, MN, northwestern WI, and Michigan's UP.
A serene lake with mist rising from the surface, surrounded by mountains under a partly cloudy sky. The sun is peeking over the mountain ridge, casting reflections on the calm water.
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Minneapolis Fed @minneapolisfed.bsky.social · 02/10/2026
Tariffs highest since Great Depression--where was the trade collapse? Answers in new trade model from our Andrea Raffo & Mike Waugh (w/ F. Ferrante & A. Prestipino). AI boom played a big part, but varied rates & effects on different goods matter too. bit.ly/4AMxpnl #EconSky
Image featuring text with the question: "Why has the U.S. economy been resilient to the largest increase in tariffs since the Great Depression?" Logo of the Federal Reserve Bank of Minneapolis is visible in the top right corner, alongside the label "NEW RESEARCH BRIEF." The design includes a diagonal gray stripe.
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Minneapolis Fed @minneapolisfed.bsky.social · 02/10/2026
How much are tariffs passing through to consumer prices and driving inflation? @neilmehrotra.bsky.social & Mike Waugh update their analysis from earlier this year and get a different result: The pass-through is here. bit.ly/4gW8ZzP
An illustration shows a flood of turquoise water with dollar signs flowing through a broken wall. The water spills out into a red area.
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Minneapolis Fed @minneapolisfed.bsky.social · 02/10/2026
President Kashkari appeared on @bloomberg.com Thursday to discuss inflation, the economy, and interest rates. Watch here: bit.ly/4xZpW1J
youtube.com
Fed’s Kashkari on Rates, Inflation, Bond Yields, US Economy
YouTube video by Bloomberg Television
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CNBC @cnbc.com · 01/10/2026
Minneapolis Federal Reserve President Neel Kashkari said Wednesday that price growth remained a concern despite the latest data coming in cooler than economists predicted. Read more comments from Kashkari: cnb.cx/46QgsuG
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Minneapolis Fed @minneapolisfed.bsky.social · 01/10/2026
We’re hiring an Assistant General Auditor! This role oversees the Bank’s internal audit program, manages a team, and supports risk‑based audits and compliance efforts. It also includes budget management and coordination with senior leadership. Learn more and apply here: bit.ly/47yCQZC
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Minneapolis Fed @minneapolisfed.bsky.social · 01/10/2026
The @oiginstitute.bsky.social annual research conference is Oct. 8! Register now for the livestream to engage with a broad scholarly exchange of ideas around presented papers. Agenda, paper summaries, and registration here: bit.ly/3SRGASn
The image is a promotional poster for the "Institute Research Conference" hosted by the Opportunity & Inclusive Growth Institute, Federal Reserve Bank of Minneapolis. It displays various speech bubbles with charts and graphs, indicating discussion. The date is October 8, 2026, and the time is 9:30 a.m. to 5:00 p.m. Central Time.
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Minneapolis Fed @minneapolisfed.bsky.social · 01/10/2026
Without Ariel Pakes it’s hard to imagine the field of industrial organization (IO) economics. Along the way he has directly influenced GM, the DOJ, the CPI... The acronym now in his sights: the FDA. @jeffhorwich.bsky.social has our interview w/ @harvard.edu economist. bit.ly/47kCtBS #EconSky
Headshot of Ariel Pakes
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Opportunity & Inclusive Growth Institute @oiginstitute.bsky.social · 21/09/2026
In the newest installment of the Inquiring Minds series, @barbarabiasi.com advises researchers to study what they are passionate about. Read more about her favorite research topics – education and its impact on intergenerational mobility – here: bit.ly/4havpMU
The image shows Barbara Biasi smiling with a large question mark on the left and a speech bubble with lines on the right, set against a yellow and blue background.
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Paul Wallace @ptwall.bsky.social · 01/10/2026
@minneapolisfed.bsky.social President Neel Kashkari live interview this morning on @bloomberg.com. Watch now.
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Minneapolis Fed @minneapolisfed.bsky.social · 30/09/2026
LIVE NOW: President Kashkari is participating in a Q&A at the Council on Foreign Relations in New York, moderated by @cnbc.com 's @steveliesman.bsky.social. Tune in to the livestream here: www.minneapolisfed.org/live
An image of the Minneapolis Fed building with a portion of its eagle logo in the right half of the photo.
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Minneapolis Fed @minneapolisfed.bsky.social · 30/09/2026
In part one of a series in our QR, James Schmitz, Jr. lays out his case that "the current conception of monopolists in the economics profession is far too narrow and, as a consequence, monopolies are allowed to run free." Up first: Definition of monopoly. bit.ly/3UybShE
Cover image of a publication titled "How Should We Define Monopoly? An Introduction" by James A. Schmitz, Jr. The cover features the logo of the Federal Reserve Bank of Minneapolis and includes the acronym "QR Quarterly Review" on the right side.
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Minneapolis Fed @minneapolisfed.bsky.social · 30/09/2026
Survey responses compiled by our Regional Outreach team illustrate both positive and negative effects of #tariffs on Ninth District businesses. These comments, stories, and voices help inform us about how people in our region are experiencing the economy.
Here is a description of the image:

A collage featuring a quote from a Minnesota manufacturer in front of a background with an abstract design and a megaphone. The quote discusses how aluminum-based product work moved from Canada to the US, increasing sales. Text on the side reads "Voices from the Ninth District."An illustration shows a figure with folded arms next to a megaphone, set against a backdrop of fabric and boxes. Text on the left reads "Voices from the Ninth District." A quote attributed to a Minnesota quilting company discusses the impact of tariffs on fabric prices and going out of business.A graphic titled "Voices from the Ninth District" features a construction worker illustration on the left and a heavy machine on the right. Text in the center states: “We have one major customer in Canada, don’t know if they will ever order from us again. We canceled a planned Canadian marketing campaign for [a new] test-kit line.” This is attributed to a testing firm in Michigan's Upper Peninsula. A hand holding a megaphone is at the bottom.A stylized illustration features a person standing with a megaphone directed towards them. A blue background with patterned sections and a portion of a field are visible. A transparent text box contains a quote from a Wisconsin manufacturer discussing challenges faced by Canadian customers due to tariffs. The text "Voices from the Ninth District" appears along the left side.
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Minneapolis Fed @minneapolisfed.bsky.social · 30/09/2026
Maximum employment is complex and changes over time. Even the concept of "employment" can be tricky to pin down, @amandamichaud.bsky.social explains in new Q&A. She discusses what various labor market indicators suggest about the state of the labor market. bit.ly/46Cmlvg
An abstract image featuring stylized glasses combined with a fluctuating line resembling a heartbeat or data waveform. The background shows a blurred crowd of people.
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Minneapolis Fed @minneapolisfed.bsky.social · 30/09/2026
TODAY: President Kashkari will participate in a Q&A, 5-6pm CT, at the Council on Foreign Relations in New York, moderated by @cnbc.com 's @steveliesman.bsky.social. The livestream of this event will be available here: www.minneapolisfed.org/live
An image of the Minneapolis Fed building with a portion of its eagle logo in the right half of the photo.
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Minneapolis Fed @minneapolisfed.bsky.social · 29/09/2026
Conversations with the Fed: Decoding Today's Confounding Labor Market October 1, 11-11:45am CT @amandamichaud.bsky.social and Simon Mongey take on your questions in our latest live conversation hosted by @jeffhorwich.bsky.social. For event details and to register: bit.ly/4Afzrwd #EconSky
Jeff Horwich, Amanda Michaud, and Simon Mongey side by side appear in a promotional image for '"Conversations with the Fed"'. Each person is set against a blurred indoor background."
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Minneapolis Fed @minneapolisfed.bsky.social · 29/09/2026
Demand for higher education has grown. Acceptance rates at selective colleges have fallen. This means many qualified students are shut out of opportunities that could raise lifetime earnings. What would happen if selective colleges expanded enrollment? bit.ly/4xKTJet
A group of people with backpacks and notebooks are walking up the steps of a building. The building is made of brick and has large columns.
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Minneapolis Fed @minneapolisfed.bsky.social · 29/09/2026
New from @neilmehrotra.bsky.social and Michael Waugh: "Initially delayed, the pass-through of tariffs to consumer prices has arrived." They estimate tariffs now adding up to 0.4 pp of elevated core inflation, similar to the impact of demand for AI technology. bit.ly/4gW8ZzP
A stylized illustration of a broken dam releasing a flow of water represented by dollar signs, cascading down a red and gray area.
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Minneapolis Fed @minneapolisfed.bsky.social · 28/09/2026
25 years ago, a paper by Ariel Pakes changed how we measure inflation. Now he is at it again, thinking about an approach to the CPI that honors America's social commitments. The @harvard.edu economist previews that, and covers much more in our new interview. bit.ly/47kCtBS #EconSky
Headshot of Ariel Pakes
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Minneapolis Fed @minneapolisfed.bsky.social · 28/09/2026
Labor Market Power with Worker and Firm Heterogeneity A staff report by David Berger, Kyle Herkenhoff, Jaehun Jeong, and Simon Mongey is now available on our website. bit.ly/4dEwdIO
bit.ly
Labor Market Power with Worker and Firm Heterogeneity | Federal Reserve Bank of Minneapolis
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Minneapolis Fed @minneapolisfed.bsky.social · 27/09/2026
Thanks to Cuc W. for this week's employee photo submission for Views from the Ninth, taken at the headwaters of the Mississippi at Itasca State Park. #Minnesota
Headwaters of the Mississippi, Itasca State Park
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Minneapolis Fed @minneapolisfed.bsky.social · 25/09/2026
The @oiginstitute.bsky.social annual research conference is Oct. 8! Register now for the livestream to engage with a broad scholarly exchange of ideas around presented papers. Agenda, paper summaries, and registration here: bit.ly/3SRGASn
The image is a promotional poster for the "Institute Research Conference" hosted by the Opportunity & Inclusive Growth Institute, Federal Reserve Bank of Minneapolis. It displays various speech bubbles with charts and graphs, indicating discussion. The date is October 8, 2026, and the time is 9:30 a.m. to 5:00 p.m. Central Time.
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Minneapolis Fed @minneapolisfed.bsky.social · 25/09/2026
Our new HPOP housing metric tells us how many adults own their homes—something the most commonly used homeownership measure fails to track. On 9/28, join us for a brief webinar on why the HPOP matters and what it reveals about trends in homeownership. bit.ly/4cBrual
Portrait of Erik Hembre placed beside image of a family in a home kitchen.
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Minneapolis Fed @minneapolisfed.bsky.social · 25/09/2026
NEW: Our convo w/ Ariel Pakes, @harvard.edu economist & the “P” in game-changing BLP Berry–Levinsohn–Pakes model for demand estimation. Over 50 years Pakes shaped industrial organization econ. He's still working to decipher the markets that shape our lives. bit.ly/47kCtBS #EconSky
Headshot of Ariel Pakes
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Minneapolis Fed @minneapolisfed.bsky.social · 25/09/2026
The unemployment rate is one way to assess maximum employment, but by the time we see it start to go up, it may be too late to do much. @amandamichaud.bsky.social describes the data she looks at to predict where the labor market is headed. bit.ly/46Cmlvg
An abstract image featuring stylized glasses combined with a fluctuating line resembling a heartbeat or data waveform. The background shows a blurred crowd of people.
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Minneapolis Fed @minneapolisfed.bsky.social · 24/09/2026
What did Ninth District businesses have to say about recent changes to trade policy? Haley Chinander answers this audience question in our recent Regional Economics webinar. You can find the full event recording here: bit.ly/4bBwr2B #EconSky
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Minneapolis Fed @minneapolisfed.bsky.social · 23/09/2026
Quantifying Market Power and Business Dynamism in the Macroeconomy A new staff report by Jan De Loecker, Jan Eeckhout, and Simon Mongey is now available on our website. bit.ly/4AuAwAi
bit.ly
Quantifying Market Power and Business Dynamism in the Macroeconomy | Federal Reserve Bank of Minneapolis
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Minneapolis Fed @minneapolisfed.bsky.social · 22/09/2026
Our new HPOP housing metric tells us how many adults own their homes—something the most commonly used homeownership measure fails to track. On 9/28, join us for a brief webinar on why the HPOP matters and what it reveals about trends in homeownership. bit.ly/4cBrual
Portrait of Erik Hembre placed beside image of a family in a home kitchen.
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Minneapolis Fed @minneapolisfed.bsky.social · 22/09/2026
It started with a fortuitously "borrowed" book by Walter Heller...📖In our QR: Spanish micro theorist Andreu Mas-Colell humorously recounts his inspiration to study at the U of M in 1968, adjusting to MN life, and early influences on his legendary career. bit.ly/4gtUm6R
The image is a flyer featuring the title "From Madrid to Minnesota" and a subtitle about receiving the University of Minnesota Outstanding Achievement Award. It notes the name Andreu Mas-Colell. The logo of the Federal Reserve Bank of Minneapolis is in the top right corner, and "QR Quarterly Review" is on the lower right.
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Minneapolis Fed @minneapolisfed.bsky.social · 22/09/2026
Congratulations to Kirsten Simon who has been appointed vice president in Risk and Compliance! She will lead the team responsible for the Federal Reserve System's data privacy program. Learn more about Kirsten and her new role here: bit.ly/3ThYPRi
Headshot of Kirsten Simon
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Minneapolis Fed @minneapolisfed.bsky.social · 22/09/2026
At start of 2026 the most-tariffed goods didn't seem to be driving inflation. No longer: @neilmehrotra.bsky.social & Mike Waugh revisit their method and estimate tariffs as of July add up to 0.4 pp of elevated core inflation, similar to demand for AI technology. bit.ly/4gW8ZzP #EconSky
An illustration shows a flood of turquoise water with dollar signs flowing through a broken wall. The water spills out into a red area.
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Minneapolis Fed @minneapolisfed.bsky.social · 21/09/2026
Labor market indicators in 2026 remain steady despite recent shocks, @amandamichaud.bsky.social explains. Her research identifies new metrics that can capture key dynamics in employment and labor market trends. bit.ly/46Cmlvg
An abstract image featuring stylized glasses combined with a fluctuating line resembling a heartbeat or data waveform. The background shows a blurred crowd of people.
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Minneapolis Fed @minneapolisfed.bsky.social · 21/09/2026
President Kashkari appeared on Fox's Sunday Morning Futures yesterday to discuss the FOMC's recent decision to increase interest rates. Watch the full interview here: fxn.ws/4jghabO
foxnews.com
Federal Reserve hikes interest rates amid inflation concerns | Fox News Video
Minneapolis Fed President and CEO Neel Kashkari joins 'Sunday Morning Futures' to discuss the Federal Reserve raising key interest rates, why stubborn inflation persists and analyzes the strength of t...
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Minneapolis Fed @minneapolisfed.bsky.social · 21/09/2026
AI adoption is growing, but many businesses and organizations are still getting their feet wet. Training programs and updated college courses are stepping in to prepare workers so they’re ready for the AI‑powered job market. Read more from @tuuyentran.bsky.social 's. bit.ly/4i56vAt
An individual converses with a humanoid robot with a screen displaying a smiling face. Surrounding them are graphical elements: a bar chart, a line graph, and a pie chart, along with a checklist.
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Minneapolis Fed @minneapolisfed.bsky.social · 21/09/2026
Conversations with the Fed: Decoding Today's Confounding Labor Market October 1, 11-11:45am CT @amandamichaud.bsky.social and Simon Mongey take on your questions in our latest live conversation hosted by @jeffhorwich.bsky.social. For event details and to register: bit.ly/4Afzrwd #EconSky
Jeff Horwich, Amanda Michaud, and Simon Mongey side by side appear in a promotional image for '"Conversations with the Fed"'. Each person is set against a blurred indoor background."
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Minneapolis Fed @minneapolisfed.bsky.social · 20/09/2026
Thanks to Karen B. for this week's Views from the Ninth employee photo—the famous Budweiser Clydesdales in front of our branch in Helena, #Montana! The horses were walking down Last Chance Gulch. Last Chance Gulch is the name given to the main thoroughfare where gold was first discovered in 1864.
A team of Clydesdale horses pulls a red wagon through a street, guided by handlers in red shirts. Spectators watch the procession, and a decorative banner hangs from a pole in the background with trees and a brick building visible.
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Minneapolis Fed @minneapolisfed.bsky.social · 18/09/2026
Big issue for estimating aggregate effects of transfers/stimulus: Not only does marginal propensity to consume differ by household; a household's MPC can plummet *because* of the transfer. Get briefed on latest from Greg Kaplan and our Javier Bianchi bit.ly/4ycIlbM
A graphic with text: "When measuring the effect of large fiscal transfers, there are no shortcuts." The right side features a label "NEW" above "Research Brief" from the Federal Reserve Bank of Minneapolis.
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Minneapolis Fed @minneapolisfed.bsky.social · 18/09/2026
In our new QR, James Schmitz, Jr. reviews decades of work to change how economists & policymakers define "monopoly." Look past the flawed textbook definition of a one-firm market, he says. Monopolies of all shapes can be spotted by their harmful actions. bit.ly/3UybShE
The image is a cover of a publication from the Federal Reserve Bank of Minneapolis titled "How Should We Define Monopoly? An Introduction" by James A. Schmitz, Jr. It features a minimalist design with white and navy blue colors, and the acronym "QR" followed by "Quarterly Review" on the right side.
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Minneapolis Fed @minneapolisfed.bsky.social · 18/09/2026
How is #AI affecting (or not affecting) Ninth District businesses? Haley Chinander and Ron Wirtz discuss survey findings in our recent Regional Economic Conditions webinar. View the full video here: bit.ly/4bBwr2B
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Minneapolis Fed @minneapolisfed.bsky.social · 18/09/2026
How much are tariffs passing through to consumer prices and driving inflation? @neilmehrotra.bsky.social & Mike Waugh update their analysis from earlier this year and get a different result: The pass-through is here. bit.ly/4gW8ZzP
An illustration shows a flood of turquoise water with dollar signs flowing through a broken wall. The water spills out into a red area.
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Opportunity & Inclusive Growth Institute @oiginstitute.bsky.social · 17/09/2026
Maximum employment is complex and changes over time. Even the concept of "employment" can be tricky to pin down, @amandamichaud.bsky.social explains in new Q&A. She discusses what various labor market indicators suggest about the state of the labor market bit.ly/46Cmlvg
An abstract image featuring stylized glasses combined with a fluctuating line resembling a heartbeat or data waveform. The background shows a blurred crowd of people.
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Minneapolis Fed @minneapolisfed.bsky.social · 17/09/2026
The Small Business Credit Survey is now open. We are seeking feedback from small biz owners to help provide insights to policymakers, service providers, and lenders. Your experience can shape policy. bit.ly/3SgS9SY
Promotional graphic for the "Small Business Credit Survey" by the Federal Reserve Banks. Features map pin icons
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Minneapolis Fed @minneapolisfed.bsky.social · 17/09/2026
Conversations with the Fed: Decoding Today's Confounding Labor Market October 1, 11-11:45am CT @amandamichaud.bsky.social and Simon Mongey take on your questions in our latest live conversation hosted by @jeffhorwich.bsky.social. For event details and to register: bit.ly/4Afzrwd #EconSky
Jeff Horwich, Amanda Michaud, and Simon Mongey side by side appear in a promotional image for '"Conversations with the Fed"'. Each person is set against a blurred indoor background."
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Minneapolis Fed @minneapolisfed.bsky.social · 16/09/2026
AI can solve some pretty tough problems. But can it overcome the brutal reality of supply and demand? @jeffhorwich.bsky.social wraps up the latest producer price data in this episode of The Basket. (For his deeper look at AI and the economy ➡️ bit.ly/4fDFCSy)
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Federal Reserve @federalreserve.gov · 16/09/2026
WATCH LIVE TODAY: Press conference with #FOMC Chairman Warsh at 2:30 p.m. ET: www.federalreserve.gov www.youtube.com/federalreserve
This graphic announces an upcoming Federal Open Market Committee press conference. The image features the Federal Reserve headquarters building (Eccles Building) with its distinctive white marble facade and classical columns, set against a deep blue sky. Text at the top states "Watch live September 16 at 2:30 p.m. ET" in dark blue font. The bottom portion displays a dark blue banner containing the Federal Reserve System seal on the left side, with text reading "FOMC PRESS CONFERENCE" and "Alternate player: https://www.youtube.com/FederalReserve/" in white font on the right.
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Federal Reserve @federalreserve.gov · 16/09/2026
Federal Reserve issues #FOMC statement: www.federalreserve.gov/newsevents/p...
federalreserve.gov
Federal Reserve issues FOMC statement
The Federal Open Market Committee approved the following statement for release by a 12 – 0 vote: The Committee decided to raise the target range for the
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Minneapolis Fed @minneapolisfed.bsky.social · 15/09/2026
The Center for Indian Country Development has conducted analyses to understand the growing role of federal contracting in Native economies and contributions of Native federal contracting to communities nationwide. A new article recaps key findings to date. bit.ly/4gyFbbm
Image of a worker in protective wear using a tool in a construction area. Jetta Productions Inc/Getty Images
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