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.
“With zero price growth in May for both CPI and PCE, there is no reason to hold back on cutting interest rates. Chair Powell shouldn’t waste any more time. Families need relief from high housing and borrowing costs now.”
“Director Brainard is exactly right: Corporations are keeping prices high as their costs come down. Corporate savings should translate to savings for consumers – not record-high profit margins.”
“Today’s ruling is great news. Next year, there is truly nothing standing in Congress’s way to make the wealthy pay up.”
“Senator Warren just laid down a critical marker for the tax fight in 2025 – if Democrats do not want to get rolled by corporations once again, they must stiffen their spines and pursue a dramatically different approach. To build the America we want to see, we must finally force corporations and the wealthy to pay up.”
Today, Groundwork Collaborative’s Director of Policy and Research Bilal Baydoun concluded The American Prospect’s sweeping special June issue, “How Pricing Really Works,” with his piece, “Taming the Pricing Beast.”
“The Trump tax law was never intended to help everyday people. It served as a windfall for the wealthy and corporations – the same corporations that have jacked up prices and scored record profits. It’s time to reverse the damage."
“Only one rate cut this year would be a major misstep. Families need relief from high borrowing costs now. Chair Powell is making it harder for families to get by. Inflation has fallen dramatically – we had zero inflation in May.”
“The Fed cannot bring down housing prices by keeping interest rates higher for longer, but it can make rent and homeownership even more unaffordable for families. Waiting around will only delay the relief families need to get ahead. The time to cut rates is now.”
“Chair Powell has not made it clear how holding rates higher for longer will bring down housing prices. We have to be honest about the profound limits of the Fed’s interest rate tool and its potential harms, like making housing even less affordable. The time to cut rates is now. We can lower high housing costs for families and quash the threat of an economic slowdown.”
“As today’s jobs report shows, our economy is stronger when workers can get ahead. Forty straight months of job growth doesn’t happen by accident. We can thank strong, sound public investments in the workers who drive our economy for this progress.”