Examining the Black-White Wealth Gap

Examining the Black-White Wealth Gap

By Kriston McIntosh, Emily Moss, Ryan Nunn, and Jay Shambaugh, Brookings A close examination of wealth in the U.S. finds evidence of staggering racial disparities. At $171,000, the net worth of a typical white family is nearly ten times greater than that of a Black family ($17,150) in 2016. Gaps in wealth between Black and […]

Racial Income and Wealth Gaps are Huge – but the Fed Doesn’t Have the Right Tools to fix Them

Racial Income and Wealth Gaps are Huge – but the Fed Doesn’t Have the Right Tools to fix Them

By Paul Wachtel, The Conversation 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 theme – Macroeconomic Policy in an Uneven […]