Kashkari profiled in NYTimes


MechSE alumnus Neel Kashkari shared his thoughts with the NY Times as the head of the Federal Reserve Bank of Minneapolis.

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Neel KashkariEarly last October, Neel Kashkari [BSME '95, MSME '98] the president of the Federal Reserve Bank of Minneapolis, spoke to several dozen graduate students at the University of Minnesota. Federal Reserve officials tend to choose their words with exquisite care. One misstatement or clumsy phrase, even before an audience dressed in shorts and flip-flops, can spook the financial markets. With the Fed, the nation’s central bank, rapidly raising interest rates to combat the highest inflation that the United States had experienced in four decades, Wall Street was especially skittish. But there was little chance of Kashkari’s committing a gaffe: He was a skilled public speaker, an ability that he honed during a failed campaign for governor in California in 2014. He also had a politician’s knack for using easy-to-understand anecdotes to illustrate complicated ideas.

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Kashkari received the Distinguished Alumni Award from MechSE in 2012 and the Grainger College of Engineering Distinguished Alumni Award in 2021.

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This story was published January 13, 2023.