Another Round of Quantitative Easing May be Realized

Quantitative Easing

Fed Chair Janet Yellen shied away from typical central banking topics, like inflation and interest rates, to talk about income inequality and economic opportunity at a conference Thursday sponsored by the Boston Fed. Yellen purported that the rising trend of inequality is drifting away from the values the United States was traditionally founded upon.

Citing various statistics to support her remarks, Yellen stated that the widening disparities could potentially hinder the country’s economic future, growth and revival. Alluding to investments in education and opportunities for business ownership, the Fed Chair noted that these areas have remained stagnant for quite some […]