Racism forms the foundation of inequality in our society. It threatens our economy and limits economic opportunity for people of color. That prompted the 12 District Banks of the Federal Reserve System to create the “Racism and the Economy” series. The series highlights the implications of racism in the United States and identifies solutions.

The series launched in October 2020 as a partnership among the Reserve Banks in Atlanta, Boston and Minneapolis. It grew to include all 12. Since the kickoff Oct. 7, the series has included virtual events on employment and education.

Ursula Burns, former CEO of Xerox, spoke at the External Linkkickoff.  Burns said the COVID-19 pandemic highlighted the grave social inequities we face. “We have to rethink what we’re doing totally. … [The Federal Reserve] has a lot of freedom in thinking about how your economic policies would drive growth, more equity, and more inclusion. That’s what we need.”

To get on the email list for news about “Racism and the Economy,” including more topics, dates and links to register for each new session, or to read the summaries of previous events, visit theExternal Link website.