Event

Economic Inequality Policy Series: The Impacts of the 2021-2022 Rise in Inflation on Communities of Color

October 18, 2022

On Tuesday, October 18, 2022, the Federal Reserve Bank of New York hosted a virtual forum, as part of its Economic Inequality Policy Series, on the disparate impacts of inflation on different racial and ethnic groups.

The forum highlighted recent New York Fed research on economic inequality and disparities in inflation rates experienced by different racial and ethnic groups during 2021-2022. Community development leaders and thought leaders discussed insights related to price stability and racial equity.

watch the event


Event Details

Date & Time
October 18, 2022
10:00am – 11:30am EDT

Location
This was a virtual-only event.

Audience

This virtual event was open to the public and the media. All remarks were on the record and the event was recorded; the recording will be made available afterwards. For media inquiries, please contact Ellen Simon at ellen.simon@ny.frb.org.



Agenda
Agenda
10:00am-10:05am Welcome

Jack Gutt, Head of Communications & Outreach, Federal Reserve Bank of New York
10:05am-10:30am Was the 2021-22 Rise in Inflation Equitable?

Rajashri Chakrabarti, Head of Equitable Growth Studies, Federal Reserve Bank of New York
10:30am-11:25am Inflation Impacts in Communities of Color and Policy Insights

Moderator: Dyvonne Body, Community Development Specialist, Federal Reserve Bank of New York

Dedrick Asante-Muhammad, Chief of Organizing, Policy and Equity, National Community Reinvestment Coalition

Kassandra Martinchek, Research Associate, Urban Institute

José A. Quiñonez, CEO, Mission Asset Fund

Jennifer Sun, Executive Vice President, Planning Division, New York City Economic Development Corporation
11:25am-11:30am Closing Remarks

David J. Erickson, Head of Outreach & Education, Federal Reserve Bank of New York


Speakers

Dedrick Asante-Muhammad
Chief of Organizing, Policy and Equity
National Community Reinvestment Coalition


Dyvonne Body
Community Development Specialist
Federal Reserve Bank of New York


Rajashri Chakrabarti
Head of Equitable Growth Studies
Federal Reserve Bank of New York


David Erickson
Head of Outreach & Education
Federal Reserve Bank of New York


Jack Gutt
Head of Communications & Outreach
Federal Reserve Bank of New York


Kassandra Martinchek
Research Associate
Urban Institute


José A. Quiñonez
CEO
Mission Asset Fund


Jennifer Sun
Executive Vice President, Planning Division
New York City Economic Development Corporation




resources

Inflation’s Impact on Food Security and Financial Well-Being in Communities of Color - Urban Institute


Inflation Disparities Across Demographic Groups - Raji Chakrabarti and Maxim Pinkovskiy


Was the 2021-22 Rise in Inflation Equitable? (June 30, 2022)


The New York Fed conducts research to better understand what contributes to economic inequality in its many forms in the region and across the nation. Learn more about our Economic Inequality & Equitable Growth initiative.

Visit our COVID-19: Information, Research & Analysis and Resources Hub for helpful resources and relevant research from the New York Fed on COVID-19.

 


The contents on this page—including third-party resources, hyperlinks and documents—are provided for informational purposes only and do not necessarily represent the views of the New York Fed or the Federal Reserve System.
By continuing to use our site, you agree to our Terms of Use and Privacy Statement. You can learn more about how we use cookies by reviewing our Privacy Statement.   Close