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US Faces Surprise Recession Risk As Unemployment Rate Jumps Unexpectedly, Top Economist David Rosenberg Warns
Sunday, March 10, 2024 - 10:56pm | 711Read More...The U.S. economy might be on the brink of an unforeseen recession, according to a prominent economist, who has raised concerns about the recent spike in the unemployment rate. What Happened: The unexpected rise in the unemployment rate, from 3.7% to 3.9% in February, has sparked fears of a...
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Former Fed Economist Claudia Sahm Credits American Workers, Fiscal Policy For A Soft Landing In 2024, But Praises Powell For Not Crashing
Thursday, December 14, 2023 - 9:24pm | 979Read More...In a series of tweets on Thursday, former Federal Reserve economist Claudia Sahm shared her insights on the potential for a soft landing in 2024, crediting Federal Reserve Chair Jerome Powell for this outcome. Using a flight simulator image of Everest base camp’s Lukla airport, Sahm...
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Former Fed Economist Tells Investors To Resist Impulsive Moves In Face Of Inflation And Job Data: 'It Might Not Be Real'
Sunday, December 3, 2023 - 10:28pm | 561Read More...Recent concerns have arisen about the reliability of market-moving statistics such as inflation and job data. The reported figures, it seems, might not accurately reflect the economic reality. What Happened: Former Fed economist Claudia Sahm expressed concern about the situation. “They’...
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Jerome Powell Will 'Strive To Be As Boring As Humanly Possible' At Jackson Hole, Says Former Senior Federal Reserve Economist
Wednesday, August 23, 2023 - 6:30am | 1349Read More...Renowned economist Claudia Sahm recently shared her insights on the upcoming Jackson Hole symposium, emphasizing the significance of the neutral rate of interest and its implications for the Federal Reserve’s monetary policy. What Happened: Sahm, in a series of tweets, delved into the...
