
“The gap between the wealthy and the rest of America is a hot-button issue in Washington-especially in the White House and Congress. Recently, the Federal Reserve has also taken a greater interest in the topic. And some analysts are asking whether financial inequality in the U.S. might soon become part of the Fed’s decision-making process. In a recent research note, Credit Suisse research analysts Neal Soss and Dana Saporta wrote that ‘the issue of growing income and wealth disparity in the U.S. is gaining stature among Federal Reserve officials and may become the next important macroeconomic variable for monetary policy.'”
http://finance.yahoo.com/news/us-wealth-inequality-getting-feds-142856917.html
Related posts:
Shut up and take my bitcoins! A map of Bitcoin-friendly businesses
Area 51 does exist and there were strange goings on admit CIA
Get Ready: Everything Is Going to Cost More Next Year
Cyber security battle looms after Obama issues executive order
WaPo: The U.S. will never win the war in Afghanistan
Washington Park officer accused of 'tasing' handcuffed women
U.S. sends anti-missile destroyer near North Korean coast
Indefinite Detention Injunction Does Irreparable Harm, Obama Admin. Lawyers Argue
Christianity 'close to extinction' in Middle East
Syrian aircraft bomb Sunni militant targets inside Iraq
What U.S. citizens weren't told about the atomic bombing of Japan
Venezuelan VP: Anyone rejecting border closure deserves no trust
China's biggest jeweller sees gold in the masses
Looking to play the rental market? Blackstone wants you
WaPo: Marijuana’s rising acceptance comes after many failures