You Searched For "claudia sahm" and got 20 results
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2 mins read
The job market is in the 'Twilight Zone,' top economist Claudia Sahm says
"One month does not make a trend, and even with the Federal Reserve cutting interest rates, a susta…
Jennifer Sor
2 mins read
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 …
Matthew Fox
2 mins read
The US job market is close to the 'danger zone,' famed economist Claudia Sahm says
The job market's highly accurate recession indicator is close to triggering its warning on the US e…
Jennifer Sor
3 mins read
4 things Biden can do to tame COVID and inflation right now, according to former Fed economist
Biden's spending plans will do much good, but Americans need faster results on the virus and inflat…
Ben Winck
2 mins read
Almost half of Americans used the $1,400 stimulus checks to pay off debt
Former Fed economist Claudia Sahm recently published a paper looking at how the third round of stim…
Madison Hoff
4 mins read
The bleak January jobs report may be exactly what Biden needs to push his stimulus agenda forward
The $1.9 trillion plan could keep Americans in the labor force and spur small businesses to rehire,…
Ben Winck
2 mins read
Stock market today: Indexes slide as chipmaker rout drags tech ahead of key earnings
AMD and SMCI dragged chip shares lower on Wednesday. Investors are awaiting more big tech earnings …
Filip De Mott
2 mins read
2 economists explain why the Fed should cut rates more than expected next month
Claudia Sahm thinks there's a strong case for a 50-basis point cut in September, given labor market…
Filip De Mott
2 mins read
There's a 40% chance the US economy is already in a recession, according to a new indicator
Using measures that builds on the Sahm rule, a new indicator says there's a 40% chance the US is in…
Kelly Cloonan
3 mins read
Why the October jobs report on Friday could sink the market's soft-landing narrative
"There's really not much evidence that the labor market's meaningfully inflected higher in Septembe…
William Edwards
2 mins read
A widely followed recession signal just flashed, but its inventor says a downturn isn't guaranteed
Claudia Sahm, who created a widely followed recession signal, told BI why she still has hope for th…
Madison Hoff
2 mins read
Surging US unemployment has triggered a recession indicator with a perfect track record
While the so-called Sahm Rule indicator, which has been remarkably accurate throughout history, has…
Matthew Fox
3 mins read
People are still flocking to Florida. It could help them ride out a slowdown in the economy.
Florida's strong population growth is boosting the state's economy and could help residents weather…
John Towfighi
2 mins read
The creator of a famed recession indicator says the Fed is 'playing with fire' by not cutting rates now
A labor-tracking recession gauge is nearing its threshold, and the Fed needs to cut now to stop it.
Filip De Mott
2 mins read
It may already be too late for the Fed to stop a recession, former central bank president says
"Although it might already be too late to fend off a recession by cutting rates, dawdling now unnec…
Filip De Mott
2 mins read
Stock market today: Indexes jump as traders try to rebound from Monday's losses
"The economy will chug along and we probably won't see a recession," Goldman Sachs CEO David Solomo…
Matthew Fox
4 mins read
The job market may be strong, but tell that to anyone looking for work or feeling stuck
The strong job growth in September doesn't mean everything is wonderful for those wishing to find a…
Madison Hoff,Juliana Kaplan
2 mins read
Why the Fed will have to cut rates more than expected this year, ING says
The employment component of the ISM index plunged to 43.4 from 49.3 in July, representing the worst…
Matthew Fox
4 mins read
Why you shouldn't worry about the job market and a recession just yet
The jobless rate is rising, but that doesn't mean the US is destined for mass unemployment and a re…
Jacob Zinkula
4 mins read
Lower interest rates could be coming soon. Here's what's at stake if they aren't.
Interest rate cuts could finally come this year. Economists explained the benefits of rate cuts and…