Demand Transparent and Accountable Federal Reserve Decisions for Working People

The Federal Reserve's upcoming decisions on interest rates have far-reaching consequences for millions of Americans, especially workers and marginalized communities. While economists and traders debate the timing and size of rate cuts, the real-world impacts—on jobs, wages, and the cost of living—are often ignored.

Political interference and lack of transparency threaten the Fed’s ability to serve the public interest. Recent downward revisions to hiring data and persistent inflation above 2% highlight the need for policies that protect jobs, strengthen worker bargaining power, and address economic inequality.

We demand that the Federal Reserve and elected officials:

• Resist political pressure and ensure the Fed’s independence from partisan agendas.
• Engage in transparent decision-making that includes input from labor unions, community groups, and economic justice advocates.
• Prioritize full employment and wage growth over the interests of Wall Street and big banks.
• Release detailed data and justifications for policy decisions in accessible formats.
• Implement policies that address racial and economic disparities in employment and wages.

The future of our economy should be shaped by and for the people—not just by economists and financial markets. Join us in demanding a Federal Reserve that is accountable to the public and committed to economic justice.