Fed’s Daly Warns Against Inequality Amid COVID-19 Fight

The President of the Federal Reserve Bank of San Francisco, Mary Daly, has warned that the COVID-19 pandemic could widen gender and racial inequalities, Reuters reported.

“We need to make sure that we reach back and ensure that everyone makes it through the pandemic, not just those who are fortunate enough to have a workaround.”

“If we don’t do that, then my worst fear is we’ll leave a whole generation of people behind, and really widen the inequalities we came into the pandemic with.”