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Dallas Fed Chief: Systemic Racism Is Hindering US Economic Growth

2020-06-14 2 Dailymotion

In the United States, the fastest-growing demographic groups are African Americans and Latinx.<br />And according to Dallas Federal Reserve President Robert Kaplan, systemic racism targetting those groups is dragging down the US economy.<br />Reuters reports Kaplan made the remarks in a Sunday interview on CBS's 'Face the Nation.'<br />He said blacks and Hispanics have long endured a higher level of unemployment than whites.<br />It’s in the interest of the US...If they don’t participate equally, then we’re going to grow more slowly. Robert Kaplan President, Dallas Federal Reserve

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