Yellen pushing for diversity at Fed and beyond
Fed chair expresses concern at uneven distribution of job gains in US
Federal Reserve chair Janet Yellen is taking action to boost the diversity within senior posts at the Fed, and today (June 21) expressed concern that the benefits of the US's economic expansion are not being shared equally.
Yellen said it was "troubling" that although unemployment is falling across the board, rates for minority groups, such as Hispanic and African-American people, remain high.
"The annual income of the median African-American household is still well below the median income of
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