|Date:||Tuesday, Feb. 12, 2019|
|Time:||Reception: 5 p.m. (Light fare will be served.)
Program: 6‑7:30 p.m.
3701 Frankfort Ave.
Louisville, Ky. 40207 (map it)
There is progress toward narrowing the gaps between African-American and Hispanic families and white families in income, wealth and areas such as homeownership and health, according to the Center for Household Financial Stability's Demographics of Wealth essay series.
However, large gaps remain, and several trends reported by the experts at the center at the St. Louis Fed are not as encouraging. Black and Hispanic college graduates were hit hard by the financial crisis and Great Recession and their subsequent financial recovery remains incomplete.
William R. Emmons, an assistant vice president at the St. Louis Fed and lead economist at the center, will discuss trends and document the heightened difficulty black families have in passing on middle-class status to their children—especially their sons.
Emmons will join a panel discussion and audience Q&A following his presentation. Moderated by Daryle Unseld Jr., chief equity officer with Metro United Way, the panel will also include:
The event is open on a first-come, first-served basis. There is no cost to attend, but registration is required and will close Feb. 5 or as soon as all seats are filled.
Questions? Contact Lynn Bunn at Cheryl.L.Bunn@stls.frb.org or 502-568-9206.
This presentation is part of the St. Louis Fed's evening discussion series, called Dialogue with the Fed: Beyond Today's Financial Headlines. View previous presentations at this site.