Everand Logo

Welcome to Everand!

  • NPR

    Racism Has An Economic Cost, Atlanta Fed President Warns

    Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta says his organization is committed to reducing racial economic inequities, which he says, is crucial to a stable economy.
    by Emma Bowman Jul 15, 2020 2 minutes
    Raphael Bostic, president and chief executive officer of the Federal Reserve Bank of Atlanta, says his organization has a big role to play in reducing racial economic inequities, which he says, is crucial to a stable economy.

    Raphael Bostic, president and CEO of the Atlanta Federal Reserve Bank, says racism is a danger to the health of America's economy.

    In a recent opinion piece, Bostic reflected on the recent protests against police brutality that he says are fueled, in part, by economic inequalities that stem from systemic racism.

    "By limiting economic and educational opportunities for a large

    You’re reading a preview, subscribe to read more.

    More from NPR

    NPR5 min readWorld
    Violence Erupts At UCLA As Protests Over Israel's War In Gaza Escalate Across The U.S.
    Members of pro-Palestinian and pro-Israel groups in Los Angeles clashed, with reports of fireworks and pepper spray use. Elsewhere, universities are tearing down encampments and arresting students.
    NPR3 min readAmerican Government
    NPR Poll: Democrats Fear Fascism, And Republicans Worry About A Lack Of Values
    A new 2024 election poll from NPR/PBS NewsHour/Marist shows fundamental divides over concerns for America's future and what to teach the next generation.
    NPR2 min readFinance & Money Management
    Fed Keeps Interest Rates At 23-year High
    The Federal Reserve held interest rates steady Wednesday, as inflation remained stubbornly above the Fed's 2% target. Investors now think it could be September or later before rates start to fall.

    Related Books & Audiobooks