Economic Uncertainty: A Closer Look at Tariffs, Jobs, and Savings

Apr 11, 2025 at 8:14 PM

Amidst recent fluctuations in the global economy, discussions surrounding economic uncertainty have intensified. The evolving tariff policies introduced by President Trump have created challenges for both businesses and consumers in planning for the future. Stock markets worldwide have experienced significant volatility, with sharp declines followed by partial recoveries and further drops. This unpredictability has raised concerns about potential impacts on prices, employment, and personal savings. To address these pressing issues, MPR News host Angela Davis will engage in a conversation with Neel Kashkari, president and CEO of the Federal Reserve Bank of Minneapolis, on Monday at 9 a.m.

In light of the current economic climate, understanding the implications of shifting policies is crucial. Neel Kashkari, an influential figure in shaping national monetary policy as part of the Federal Open Market Committee, offers valuable insights into how recent changes might affect everyday lives. During the program, listeners will gain a deeper comprehension of the interplay between tariffs, interest rates, and job market dynamics. Such knowledge empowers individuals to make informed decisions regarding their finances amidst uncertainty.

Further into the session, Angela Davis will explore strategies for financial management during turbulent times with Chris Farrell, a senior economics contributor for MPR News and Marketplace. Additionally, Ross Levin, founder of Accredited Investors Wealth Management and columnist for the Minnesota Star Tribune, will share expert advice on navigating stock market swings and an unstable job market. Their collective expertise provides actionable guidance tailored to the needs of concerned citizens.

The dialogue extends beyond the experts, inviting public participation through live calls during the 9 a.m. hour. By dialing 651-227-6000 or 800-242-2828, listeners can voice their questions and concerns directly. Topics may range from understanding tariffs and interest rates to practical tips on managing finances under uncertain conditions.

As the conversation unfolds, it becomes evident that addressing economic uncertainty requires a multifaceted approach. Combining authoritative insights from leaders like Neel Kashkari with practical advice from financial advisors creates a comprehensive framework for individuals to navigate challenging times. This collaborative effort underscores the importance of shared understanding in fostering resilience against economic instability.