The Impact of Not Cutting Rates on Economy: Insights from 'Sahm Rule' Creator

Tuesday, 18 June 2024, 19:05
In a recent development, the creator of the 'Sahm Rule' recession indicator has issued a warning to the Federal Reserve regarding the consequences of not lowering interest rates. With the jobless rate showing an upward trend, discussions on Wall Street around the 'Sahm Rule' have intensified, highlighting potential risks to the economy. It is crucial for policymakers to heed these warnings and consider the implications of their decisions on the broader financial landscape.
CNBC
The Impact of Not Cutting Rates on Economy: Insights from 'Sahm Rule' Creator

Creator of 'Sahm Rule' Warning

In recent months, the 'Sahm Rule' creator has expressed concerns over the potential risks associated with the Federal Reserve's decision not to cut interest rates.

Jobless Level and 'Sahm Rule'

The increasing jobless level has fueled discussions on Wall Street about the implications of the 'Sahm Rule' and its relevance in the current economic scenario.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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