Even if Sahm Rules Might not be Right This Time, the Fed Should Still Cut
When it comes to the Fed policy today, the question of whether or not these rules are good at telling us if we’re currently in a recession is almost besides the point.
Federal Reserve
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Paid-members
Fedspeak Monitor 8/16/24
Bostic and Musalem, two members on the hawkish side of the Committee, joined the rest of the Committee in signalling an openness to rate cuts in September.
Paid-members
Fedspeak Monitor 8/11/24
The Committee continues to react to the July jobs numbers.
Paid-members
Fedspeak Monitor 8/4/24
Just a couple of reactions to the jobs data last week from Barkin and Goolsbee, both downplaying the jobs report.
Labor Market Recap July 2024
A 50 basis point cut should be the base case after today and further slowdowns in the remaining jobs and inflation reports between now and the September meeting may bolster the case for more drastic action this year.
