William R. Emmons
William R. Emmons is lead economist in the Division of Supervision, Credit and Learning at the Federal Reserve Bank of St. Louis. He co-founded and served as the lead economist in the Center for Household Financial Stability from 2013 to 2020.
Homeownership Is a Culprit in the Racial Wealth Divide
Homeowners' equity—the market value of residential real estate minus the value of home-secured debt—has long been the largest single component of wealth for Black...