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Racial Wealth Gap Put Americans On Uneven Financial Footing Heading Into Pandemic, Fed Survey Finds

The average Black family had less than 15% of the wealth of white families in 2019, despite an overall rise in household wealth in the past three years, according to the Federal Reserve’s Survey of Consumer Finances released Monday.

Here & Now‘s Robin Young speaks with Roben Farzad, host of Public Radio’s “ Full Disclosure.”

This article was originally published on WBUR.org.

Copyright 2020 NPR. To see more, visit https://www.npr.org.

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