Center for Popular Democracy — Fed Up Campaign (2018)

[Macroeconomic Stabilization Policy] Grant investigator: Alexander Berger This page was reviewed but not written by the grant investigator. CPD staff also reviewed this page prior to publication. The Open Philanthropy Project recommended a grant of $1,200,000 to the Center for Popular Democracy (CPD) to support the "Fed Up" campaign. The campaign aims to encourage more accommodative monetary policies and greater transparency and public engagement in the governance of the Federal Reserve. As labor market conditions have improved, we've become less confident about the appropriate short term stance of monetary policy, but we continue to believe it to be worthwhile to support the campaign through the next recession, when its advocacy might be especially useful and when we could better evaluate its impact. We have written in more detail about our rationale for supporting this campaign on our 2014, 2015, 2016, and 2017 grant pages. This grant falls within our work on macroeconomic stabilization policy. The Open Philanthropy Project has separately recommended a grant to CPD Action, a 501(c)(4) organization affiliated with CPD.