Claudia Sahm, a former Fed economist, noted in an interview that there are strong arguments for a 50 basis point rate cut. Doing so would help the Fed "recalibrate" and help stabilize the unemployment rate, which has become too low. Sam said, "The Fed's mission is to achieve full employment. It's not that there is no recession." They should seek as little labor market weakening as possible to bring inflation down to target, and I think the balance has now occurred...
Claudia Sahm, founder of Sahm Consulting and chief economist at New Century Advisors, shared her insights on the U.S. economy. Despite heightened fears of a recession, Sam emphasized that the current labor market is still showing strength, indicating that the economy may not yet be in recession.
Sahm Consulting的创始人兼New Century Advisors首席经济学家Claudia Sahm分享了她对美国经济的见解。尽管对经济衰退的担忧加剧,但萨姆强调,目前的劳动力市场仍然显示出强劲,这表明经济可能尚未陷入衰退。