Federal Reserve chair: Decline in worker share of national economy ‘very troubling’ – The Washington Post

“We want an economy that works for everyone,” said Powell, who was appointed by President Trump last fall to oversee the nation’s central bank. “In the last five years or so, labor share of profits has been sideways. This is very much akin to the flattening out of median incomes over the last few decades.”

via Federal Reserve chair: Decline in worker share of national economy ‘very troubling’ – The Washington Post