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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

By Business Insider   |   Sep 13, 2024 at 11:47 AM EST
The Fed needs to 'start getting out of the way' and deliver a big rate cut next week, famed economist Claudia Sahm says

Economist Claudia Sahm urges the Federal Reserve to implement a 50 basis point interest rate cut due to weak inflation data and signs of a slowing labor market. Sahm emphasizes the need for a significant adjustment to prevent further economic cooling.

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