From Nebraska Agriculture to the Global Economy with Jeff Schmid

How does a conversation in Grand Island, Nebraska, help inform decisions about the national—and even global—economy?

In Part 2 of his conversation with The Inner Circle host Gil Cohen, Federal Reserve Bank of Kansas City President Jeff Schmid explains how the Fed connects with communities, business owners and industry leaders throughout its seven-state district. He shares what the Kansas City Fed learned during a recent visit to Grand Island, including the regional impact of the Lexington plant closure and the challenges facing housing, healthcare and agriculture.

Schmid also previews the Kansas City Fed’s agricultural summit in Omaha, where experts examine the entire agricultural economy—from production and transportation to processing, credit and retail.

The conversation then heads to Wyoming for an inside look at the Jackson Hole Economic Policy Symposium. Now approaching its 50th year, the internationally recognized event brings together central bankers, policymakers and leading economists from around the world to discuss the forces shaping the global economy.

From Nebraska’s agricultural communities to decisions with worldwide consequences, this episode reveals how local insight becomes part of a much larger economic conversation.

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