Yellen ‘Greatly’ Concerned by Widening Inequality in America – Bloomberg

The Chair of the Federal Reserve of the United States reignited the debate about the widening income gap in the country during a recent speech in Boston.

“The past few decades of widening inequality can be summed up as significant income and wealth gains for those at the very top and stagnant living standards for the majority. It is appropriate to ask whether this trend is compatible with values rooted in our nation’s history.”

http://www.bloomberg.com/news/2014-10-17/yellen-greatly-concerned-by-widening-inequality-in-america.html