Press Release

Federal Reserve Rate Hike Wrong Decision for Working People

In anticipation of the Federal Reserve raising interest rates, AFL-CIO President Richard Trumka made the following statement:

We urge the Fed to avoid making a mistake by raising interest rates tomorrow. Too many working people are not feeling the economic recovery because of stagnant wages. In the months to come, the Fed should focus on the policy goal that real wages should rise with productivity. Working people deserve to lead better lives by sharing in the wealth we all create.

Contact: Carolyn Bobb (202) 637-5018