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Campaign Updates

06/9/2017 | Building a National Campaign for a Strong Economy: Fed Up
Published By:CNBC

Top economists rip Fed, call for letting inflation run higher than normal

Should Federal Reserve officials meet expectations and raise interest rates next week, they will be doing so over the objections of some high-profile experts, including one who used to work for the central bank.

A coalition of economists released a letter Friday urging the Fed to change the criteria it uses to make decisions. Specifically, the group, called "Fed Up," is advocating for a higher inflation rate target than the current 2 percent level. Among its members is former Minnesota Fed President Narayana Kocherlakota.

Read the full article here.