Op-Ed

Lane: The Fed’s policies may have fed income inequality

The latest meeting of the People Who Influence Everything from Auto Loans to 401(k) Plans — a.k.a. the Federal Reserve Board’s Open Market Committee — has just concluded. The Fed confirmed Wednesday that, as expected, it will stop buying bonds with freshly printed money in October but did not say when, exactly, it will end its recession-fighting zero-interest-rate policy.

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The latest meeting of the People Who Influence Everything from Auto Loans to 401(k) Plans — a.k.a. the Federal Reserve Board’s Open Market Committee — has just concluded. The Fed confirmed Wednesday that, as expected, it will stop buying bonds with freshly printed money in October but did not say when, exactly, it will end its recession-fighting zero-interest-rate policy.

Read full article >>



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Lane: The Fed’s policies may have fed income inequality

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