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Yellen: Greatly concerned by widening inequality

By Martin Crutsinger
Published October 17, 2014 7:37pm ET
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Yellen: Greatly concerned by widening inequality
Federal Reserve Chairman Janet Yellen speaks during a conference on economic opportunity at the Federal Reserve Bank in Boston, Friday, Oct. 17, 2014. Yellen said that the last several decades have seen the most sustained rise in income inequality in a century. (AP Photo/Michael Dwyer) | Michael Dwyer

WASHINGTON (AP) — Federal Reserve Chair Janet Yellen sounded an alarm Friday about widening economic inequality in the United States, suggesting that America’s longstanding identity as a land of opportunity was at stake.

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Income Inequality Janet Yellen