Financial sector should focus on reducing inequality, IMF says, citing risks to world economy

WASHINGTON (Reuters) - The world's financial sector should take rapid steps to address record or near-record inequality levels within countries that new research shows could be a harbinger of a new financial crisis, the head of the International Monetary Fund said Friday.IMF Managing Director Kristalina Georgieva issued what she termed a "call to action", urging a shift to facilitate more lending to small and women-led businesses, which in turn would help bolster resilience in the event of a..