Janet Yellen repeatedly shot down this idea because it was too radical. But that was before Fed Up organized prominent economists in the ivory tower and workers in the streets to challenge the underlying logic of Fed decisions.
Larry Mishel, the President of the Economic Policy Institute says, “This is an amazing accomplishment … The results Fed Up has achieved were impossible to imagine four years ago.”
Read more about how Fed Up got the Federal Reserve to committing to change it’s 2% inflation target, the core benchmark that drives it’s decisions. Press hits from the Wall Street Journal, Bloomberg, Buzzfeed, NPR, local TV, and more, along with some great pictures!
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