Karen Petrou Archives - Marketplace

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Did the Federal Reserve make economic inequality worse?

by David Brancaccio and Daniel Shin

Mar 3, 2021

Fed watcher Karen Petrou believes so, and she says the Fed can fight inequality with targeted policies.

Karen Petrou, author of "Engine of Inequality," laments that investors win and savers lose. "Every time the Fed steps into the market, the markets go up. The markets run by the Fed's clock," she says.

Chip Somodevilla/Getty Images

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