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Fed Warned to Stop ‘Needless Rate Hikes’ as Inflation Cools for 10th Straight Month

"The verdict is in: We don't have to choose between low prices and low unemployment. We can have both," said the Groundwork Collaborative's Lindsay Owens after the Labor Department released new data showing that the Consumer Price Index (CPI) rose 4.9% in April compared with the previous year—a cooler figure than analysts expected.

May 10, 2023 Common Dreams

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Three Key Takeaways from the April Inflation Report

Powell has acknowledged that Black and Hispanic workers would be impacted the most, prompting concern from progressive groups and some prominent Democrats. “The verdict is in: we don’t have to choose between low prices and low unemployment. We can have both,” Lindsay Owens, executive director of the Groundwork Collaborative, said in a statement on Wednesday’s inflation report.

May 10, 2023 The Hill

Press Release

Groundwork’s Lindsay Owens Reacts to April CPI Report

Today, the BLS released its Consumer Price Index Report, which showed inflation reached its lowest year-over-year level since May 2021. Groundwork’s Executive Director Lindsay Owens reacted to today’s inflation report with the following statement.

May 10, 2023 Groundwork Collaborative

Press Release

Groundwork’s Lindsay Owens on Growing Distrust of Fed Chair Powell

Yesterday, Gallup released a new poll that found record-low confidence in Federal Reserve Chair Jerome Powell. The poll found that only 36% said they had a “great deal” or “fair amount” of confidence in Chair Powell, the lowest level of confidence in a Fed Chair since Gallup began polling in 2001.

May 10, 2023 Groundwork Collaborative

Press Release

ICYMI: Leading Economic Experts Warn of Severe Consequences of Default

Yesterday, leading economists and experts warned of the economic consequences of default and Speaker McCarthy’s proposed legislation.

May 9, 2023 Groundwork Collaborative

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How Pundits’ Inflation Myth Crushed The Working Class

However, Lindsay Owens, executive director at the Groundwork Collaborative, testified to Sanders’ budget committee that her organization had reviewed hundreds of earnings calls, and found that corporate CEOs were actively bragging to investors that they had been able to mark up costs on goods and services far beyond the rising costs paid by the companies.

May 5, 2023 Lever News

Press Release

Groundwork to Host Debt Limit Press Briefing

This Monday, May 8 at 9:30 a.m. ET, Groundwork Collaborative will host a press briefing ahead of President Biden’s highly-anticipated meeting with House and Senate leadership on Tuesday, May 9.

May 5, 2023 Groundwork Collaborative

Press Release

Groundwork’s Rakeen Mabud Reacts to Strong April Jobs Report

Today’s monthly jobs report from the Bureau of Labor Statistics shows that the U.S. economy added 253,000 jobs in April. The unemployment rate also fell to 3.4% and reached a record-low for Black workers at 4.7%.

May 5, 2023 Groundwork Collaborative

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White House Surprised by Lack of Support for Its Debt Stance: Report

Lindsay Owens, the executive director of the liberal Groundwork Collaborative, was harsher: “The so-called ‘fiscally responsible’ adults in the room have actually been happy to participate in a reckless strategy of hostage-taking and trying to force the White House to accept MAGA cuts,” she told the Post.

May 4, 2023 Yahoo! Finance

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Washington DC’s 500 Most Influential People of 2023

Earning accolades from the likes of Ralph Nader and Jon Stewart, Owens is known in media circles for her skills in communicating ways to better understand and rethink inflation and corporate profiteering.

May 4, 2023 Washingtonian