Fed Chairwoman Yellen voices concern about increasing divide between rich and poor


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Published: October 17, 2014 11:20 PM

Comments 7 By Kate Bramson kbramson@providencejournal.com BOSTON — Federal Reserve Chairwoman Janet L. Yellen said Friday she’s greatly concerned by the widening gap between the rich and the poor in the United States, which has been rising more or less steadily for several decades and is the most sustained rise in inequality since the 19th century.This growing gap follows more than 40 years of narrowing inequality after the Great Depression, Yellen told about 80 researchers and policymakers at the start of a two-day conference hosted by the Federal […]