New polling from Lake Research Partners for Groundwork Collaborative
New polling from Lake Research Partners for Groundwork Collaborative highlights voters’ attitudes toward the economy, specifically voters’ increasing distrust of the Federal Reserve, opposition to continued rate hikes, and interest in the Federal Reserve prioritizing policies that help workers and families. Key findings include:
- Voters believe the Federal Reserve is on the side of big business (38%), banks (38%), and Wall Street (30%). Less than 1 in 5 across partisan lines think the Federal Reserve is on the side of average Americans.
- About 4 in 10 voters (42%) nationwide have little to no confidence in Federal Reserve Chairman Jerome Powell doing what is right for the U.S. economy, including 20% who have no confidence at all and 22% who have a little confidence in him.
- A majority (56%) of voters across demographic subgroups want the Federal Reserve to stop increasing interest rates before it triggers a recession. More than three quarters of voters say we should be focusing on the legislative tools Congress can use to fight inflation.
- More than three quarters believe our economic leaders must focus on full employment and building an economy that works for all rather than taking overly aggressive actions that push the economy into a recession.
If you’re interested in speaking with Groundwork Collaborative or the Lake Research Partners team about the poll, the Federal Reserve, or inflation policy, please contact press@groundworkcollaborative.org.
You can see more results from the poll here!