How Does Monetary Policy Impact Income Inequality?

Published: Jan. 21, 2021, noon

Tassos\xa0Malliaris, Walter F. Mullady\xa0senior\xa0professor and chair of economics department at Quinlan,\xa0discusses the impact monetary policy can have on income inequality in the United States\xa0in this first episode of our series on Wealth Inequality. Sharing\xa0his thoughts on the Federal Reserve's recent policy shift\xa0from prioritizing mitigating inflation to mitigating unemployment, political power, and universal basic income programs.