Fed officials renew calls to tackle inequality

Research conference underlines importance of 'economic mobility'

Janet Yellen of the Federal Reserve
Janet Yellen

Federal Reserve chair Janet Yellen has made another call for policy-makers in the US to take income inequality seriously, outlining a number of areas that would benefit from further research.

"In the US, roughly 80% of Americans across the ideological spectrum see inequality as a moderately big or very big problem," she said, citing a study by the Pew Research Center.

Yellen was speaking at a Fed "community development" conference late last week, focused on economic mobility. Fed governor Lael

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