How tariff uncertainty affects the economy and your money

There’s been a lot of talk over the past few weeks about the economy and a word that keeps coming up is ... uncertainty.  

President Trump’s changing tariff policies have made it difficult for businesses and consumers to plan. Stock markets here and abroad have plunged and then recovered some ground and then dropped again.

Many of us have questions about what’s happening and how the uncertainty could affect prices, our jobs and savings.   

MPR News host Angela Davis talks about the economy with Neel Kashkari, the president and chief executive officer of the Federal Reserve Bank of Minneapolis.

Later in the hour, she talks with a financial advisor about how to manage your money during stock market swings and an unsettled job market.

Guests:

• Chris Farrell is senior economics contributor for MPR News and Marketplace. 
• Neel Kashkari is the president and chief executive officer of the Federal Reserve Bank of Minneapolis. He serves as a voting member of the Federal Open Market Committee which sets the nation’s monetary policy.
• Ross Levin is the founder of Accredited Investors Wealth Management in Edina. And he is a regular columnist for the Minnesota Star Tribune.