The Fed needs to 'start getting out of the way' and deliver a big rate cut next week, famed economist Claudia Sahm says

Sahm reiterated that her namesake rule is flashing a false signal because the jump in unemployment was driven by an increase in labor supply.

By: Business Insider

Sep 15 2024
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The Fed needs to 'start getting out of the way' and deliver a big rate cut next week, famed economist Claudia Sahm says

Federal Reserve Chairman Jerome Powell participates in a meeting of the Financial Stability Oversight Council at the U.S. Treasury on July 28, 2023 in Washington, DC.Kevin Dietsch/Getty Images

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The Fed needs to 'start getting out of the way' and deliver a big rate cut next week, famed economist Claudia Sahm says

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