Neel Kashkari, president and CEO of the Federal Reserve Bank of Minneapolis, will host a Fed Listens event and conversation on March 26 at the Detroit Lakes Regional Chamber of Commerce Economic Summit in Detroit Lakes, Minnesota.

The discussion will focus on labor market conditions, inflation, and how the Fed communicates and transmits monetary policy, and will be moderated by Jackie Buboltz, president of the Detroit Lakes Chamber.

Fed Listens outreach events connect the Federal Reserve with people across America to support the Fed’s 2025 review of monetary policy strategy, tools, and communications practices. The policy review is expected to be completed this summer.

“I regularly meet with community groups and representatives in the Ninth District to better understand regional economic conditions and how people experience the economy,” Minneapolis Fed President Neel Kashkari said. “Fed Listens events expand the scope of the conversation. What I learn from these events informs how we conduct monetary policy in order to achieve our goals of stable prices and maximum employment.”

As president of the Federal Reserve Bank of Minneapolis, Kashkari serves the Ninth Federal Reserve District, bringing the perspective of North Dakota, South Dakota, Montana, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan to the Federal Open Market Committee in Washington, D.C.

While in Detroit Lakes, Kashkari will also hold a listening session with local business leaders and tour a tribal enterprise. Kashkari will be joined by Minneapolis Fed leaders from its Research and Community Development and Engagement divisions, which include the Center for Indian Country Development.

The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.