Sahm Rule creator doesn't think that the Fed needs an emergency rate cut

She said, however, there is a good case for a 50 basis point cut, adding that the Fed needs to "back off" its restrictive monetary policy.

Aug 7, 2024 - 19:00
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Sahm Rule creator doesn't think that the Fed needs an emergency rate cut
She said, however, there is a good case for a 50 basis point cut, adding that the Fed needs to "back off" its restrictive monetary policy.