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Racial income and wealth gaps are huge – but the Fed doesn't have the right tools to fix them

  • Written by Paul Wachtel, Emeritus Professor of Economics, New York University
Racial income and wealth gaps are huge – but the Fed doesn't have the right tools to fix themDoes Fed Chair Jerome Powell have the tools to tackle racial disparities?AP Photo/Patrick Semansky

Central bankers and economists from around the world are convening remotely for the annual Jackson Hole symposium on Aug. 27, 2021, to discuss the future of monetary policy.

For the second year in a row, the annual conference will be virtual and the...

Read more: Racial income and wealth gaps are huge – but the Fed doesn't have the right tools to fix them

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