Did the Fed's quantitative easing make inequality worse?

Event Information June 1, 2015 9:30 AM - 12:30 PM EDT Falk Auditorium Brookings Institution 1775 Massachusetts Avenue, N.W. Washington, DC 20036 Register for the Event A widely heard criticism of the Federal Reserve’s purchases of trillions of dollars in bonds, or quantitative easing, is that the Fed increased inequality by pushing up prices of stocks, bonds, and other assets already in the hands of the wealthy. Did it? What role does monetary policy play in influencing the distribution of income and wealth?  Would alternative policies have had different distributional......(read more)

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