Fed Chair Jerome Powell says the coronavirus recession has been a 'great increaser of income inequality' — with low-paid workers and women bearing the brunt of the fallout

Business Insider


· Fed Chair Jerome Powell said the pandemic was "a great increaser of inequality" at an online event hosted by Princeton University.
· "The pandemic is falling on those least able to bear its burdens," Powell said.
· He singled out women and hourly workers in the service industries as the segment of the population weathering...

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