Tell the Federal Reserve: Cut Interest Rates

For the past two years, the central bank has imposed tight monetary conditions.

Since the Fed started raising interest rates for the first time since 2018 in 2022, many have pushed back and argued this is not the solution to inflation. The inflation we have been experiencing has been due to pandemic-related chain supply disruptions and corporate price gouging, nat experts have argued.

Economists also know that unnecessarily high rates punish everyday Americans. 

The squeeze on working and middle class families has to end. Sign the petition urging the Fed to cut interest rates. 

“We worry that higher unemployment and a harmful economic slowdown could result from a lagged effort of the prior 11 interest rate hikes since March 2022,” said lawmakers in a letter to the Federal Reserve. 

“We believe it is critical for the FOMC to present the public with a clear and rapid timetable for reducing interest rates, ideally beginning at the May FOMC meeting in order to ensure a strong labor market and full employment for working Americans,” the letter continued.

Sign our petition today if you agree that the Fed needs to cut interest rates.