"People understand that pushing millions of workers out of a job is a terrible way to address inflation," said one economist.Survey data released Monday shows that a majority of U.S. voters want the Federal Reserve to stop raising interest rates before it plunges the economy into recession, a position that aligns with the view of manyConducted by Lake Research Partners and published by the Groundwork Collaborative, thefound that 56% of U.S.
"People understand that pushing millions of workers out of a job is a terrible way to address inflation and will do nothing to address root causes of inflation like supply-chain interruptions, the war in Ukraine, and big corporations manipulating the market to increase profits," Mabud added."And they want a Federal Reserve that prioritizes workers and families, not Wall Street and Big Business.
The survey, which reached 1,240 registered voters nationwide, found that just 14% believe the Fed is on the side of"average Americans." Nearly 40% said they feel the central bank serves the interests of big businesses or banks. "Voters believe overwhelmingly that the Federal Reserve is on the side of Big Business, banks, and Wall Street," Celinda Lake, the president and founder of Lake Research Partners, said during a press call Monday.
\u201c\ud83d\udea8 NEW POLL: Voters believe the @federalreserve is on the side of big business , banks , and Wall Street . \n\nLess than 1 in 5 across partisan lines think the Fed is on the side of average Americans.\n\nFull memo here: https://t.co/65jSnYGFuU\u201d
rakeen_mabud Groundwork They only care about Wall Street, not Main Street.
rakeen_mabud Groundwork Fed there to protect the rich...wages rise too fast Fed policy increase pool of workers depress wages. Once you realize econo y circular FED makes no sense...higer wage mean more consumer buyi g
rakeen_mabud Groundwork They never learn.