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Wealth disparities by race grew during the pandemic, despite income gains, report shows

A strong performance in financial markets, particularly an outsize gain for the stock market in 2021, helped entrench existing trends of wealth inequality during the pandemic, new data released this

New yorkUnited statesJanelle jonesWalley adeyemoBureau of labor statisticsFederal reserveYork federal reserve bankWashington centerEconomic policy instituteNew york federal reserve bankBlack americansVice presidentNew york fedTreasury deputy secretary walley adeyemo

Wealth Disparities By Race Grew During The Pandemic, Despite Income Gains, Report Shows

Wealth Disparities By Race Grew During The Pandemic, Despite Income Gains, Report Shows
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United statesNew yorkJanelle jonesWalley adeyemoEconomic policy instituteFederal reserveYork federal reserve bankBureau of labor statisticsWashington centerIncome gainsNew york federal reserve bankBlack americansVice presidentNew york fedTreasury deputy secretary walley adeyemo

Wealth disparities by race grew during pandemic, despite income gains, report shows

Wealth disparities by race grew during pandemic, despite income gains, report shows
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United statesNew yorkWalley adeyemoJanelle jonesBureau of labor statisticsFederal reserveEconomic policy instituteYork federal reserve bankWashington centerNew york federal reserve bankBlack americansVice presidentNew york fedTreasury deputy secretary walley adeyemo

Racial wealth disparities grew during pandemic despite income gains

Racial wealth disparities grew during pandemic despite income gains
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United statesNew yorkWalley adeyemoJanelle jonesWashington centerYork federal reserve bankEconomic policy instituteFederal reserveBureau of labor statisticsNew york federal reserve bankBlack americansVice presidentNew york fedTreasury deputy secretary walley adeyemo

Wealth disparities by race grew during the pandemic, despite income gains, report shows

Wealth disparities by race grew during the pandemic, despite income gains, report shows
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United statesNew yorkJanelle jonesWalley adeyemoFederal reserveYork federal reserve bankEconomic policy instituteAssociated pressBureau of labor statisticsWashington centerCharles schwabCharles schwab foundationNew york federal reserve bankBlack americansVice presidentNew york fed