In the News

On any given day, Groundwork's analyses, op-eds, reports, and commentary are featured in leading publications and on the most influential news programs and podcasts.

Mention

When the economy’s winners feel like losers

“It’s a tale as old as time: What happens with more marginalized people in our economy is so often the canary in the coal mine for what we end up seeing when a crisis hits the broader population,” said Rakeen Mabud, chief economist and managing director of policy and research at Groundwork Collaborative, a progressive think tank.

June 23, 2023 Vox
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Wage growth remains high, jobs are steady and inflation is falling so why are people worried?

Dr. Rakeen Mabud, the chief economist and managing director of policy and research at Groundwork Collaborative, said the economy is “remarkably strong” right now given the challenges of inflation and the pandemic. “I also think that it’s important to recognize that the pre-pandemic economy is not good enough,” she said.

June 22, 2023 Florida Phoenix
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Why It Matters Who Caused Inflation

“If you believe that big corporations are the ones who are pushing up prices,” Rakeen Mabud, the chief economist at the progressive nonprofit Groundwork Collaborative, told me, “then there are a lot more tools in our toolbox” to address the issue. “We can go way beyond the Fed,” she added.

June 16, 2023 The Atlantic
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Fed leaves rates unchanged for first time since March 2022

Lindsay Owens, executive director of the Groundwork Collaborative, a left-leaning group, urged the Fed to stop raising altogether last year and raised alarms about the potential hit to the job market if the Fed didn’t back off.

June 14, 2023 The Washington Post
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With Inflation Down, Economists Demand Fed Permanently Halt ‘Dangerous Rate-Hiking’

Groundwork Collaborative chief economist Rakeen Mabud, another longtime opponent of the Fed's rate-hiking, said in a statement Wednesday: "Inflation is down and the job market remains strong. We never had to choose between lower prices and a strong labor market."

June 14, 2023 Common Dreams
Press Release

Groundwork’s Dr. Rakeen Mabud Calls on Fed to Permanently Halt Rate Hikes

Chair Powell is expected to pause his year-long rate hiking campaign during today’s Federal Open Market Committee (FOMC) meeting. Groundwork Collaborative’s Chief Economist Rakeen Mabud released the following statement.

June 14, 2023
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CPI report: Fed’s inflation-fighting tactics ‘don’t get at core root causes’ of inflation

Inflation is cooling, but it's still not where the Fed wants it to be. Rakeen Mabud, Groundwork Collaborative Chief Economist and Managing Director of Policy & Research, Teresa Ghilarducci, The New School for Social Research Professor of Economics & Policy Analysis, and Danielle Twiss, MA Candidate at The New School for Social Research, join Yahoo Finance Live to discuss the May CPI report.

June 13, 2023 Yahoo! Finance
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Inflation report points to Fed pause at June meeting, economists say: ‘The Fed is getting what it wants’

Rakeen Mabud, chief economist, Groundwork Collaborative: “The fact of the matter is the Fed, through its ten consecutive interest rate hikes, has simply been hammering away at the labor market and really trying to weaken a labor market that has been remarkably strong coming out of the pandemic. I think we need to really take a different approach. The Fed should not only pause tomorrow but really pause going forward."

June 13, 2023 Yahoo! Finance
Mention

Top US Companies Admit to Hiking Prices to Pad Their Profits: Analysis

"The Fed should not only pause tomorrow but pause going forward and see how these 10 rate hikes play out," Rakeen Mabud, chief economist at the Groundwork Collaborative, said in an appearance on Yahoo Finance Tuesday morning.

June 13, 2023 Common Dreams
Press Release

ICYMI: Groundwork’s Chief Economist Joins Yahoo Finance to Break Down May CPI Report

Today’s May Consumer Price Index (CPI) Report showed consumer prices rose at the slowest pace since April 2021. Groundwork’s Chief Economist Dr. Rakeen Mabud joined Yahoo Finance live this morning to break down today’s numbers and discuss how they should inform the Federal Reserve’s interest rate decision this week.

June 13, 2023
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