RAPID CITY, S.D. (Oct. 3, 2025) — Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, will visit Rapid City on Thursday, Oct. 16, to hear directly from residents and business leaders about the regional economy.
Kashkari will deliver brief remarks and answer questions at a public town hall hosted by Elevate Rapid City from 4 to 5 p.m. at the Hyatt Place Rapid City. The event is free and open to the public with registration.
Attendees will have the chance to ask questions about monetary policy, the work of the Federal Reserve System, and current economic conditions across the region.
The stop in Rapid City is part of a broader outreach trip aimed at giving Kashkari firsthand insight into challenges and opportunities faced by businesses and workers in western South Dakota.
The Minneapolis Fed is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The bank helps set national monetary policy, supervises financial institutions, and provides payment services to banks and the federal government.
The Ninth District of the Federal Reserve includes South Dakota, North Dakota, Montana, Minnesota, northwestern Wisconsin and Michigan’s Upper Peninsula.