Fed Chair’s “building blocks of opportunity”

Published October 17, 2014 8:36pm ET



Federal Reserve Chair Janet Yellen expressed deep concerns in a speech Friday about growing inequality in the United States. Citing data compiled by the Fed, she outlined the accelerating divide in incomes and wealth between the top 5 percent of households and everyone else. Her remarks identified four “building blocks of opportunity” that she believes would help ensure that upward mobility is within reach of all Americans.

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