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Powell says Racial Economic Gaps Important for Economy and Fed Mandate

FED

Q: What are you doing to expand your research on racial economic gaps?

A: We do a significant amount of research on racial disparities across multiple variables including wealth. We serve all Americans and we know that and we're going to use our tools to reflect that so the answer is yes, we do quite a bit of research and I suppose we could do more but we really consider those fields and assessments of the state of the economy. We do that not just because it's interesting and important, but because it's important for the economy and for our mandate.

MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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