Macroeconomist Claudia Sahm thinks even though inflation remains volatile and too high, it’s showing signs of moderation, fueled in part by a slowing of producer-price inflation and falling import prices.
With the Federal Reserve rapidly raising interest rates, most economists believe a slowdown is inevitable and many think a recession is unavoidable. While pessimism is on the march higher, macroeconomist Claudia Sahm is leaning in the other direction and now expects a soft landing in 2023.
Federal Reserve chair Jerome Powell signaled recently that the central bank would slow the pace of its interest rate hikes at its mid-December policy meeting, and said he also saw a path to a soft landing. She noted that markets had to react to contradictory public remarks from four different Fed officials when the blackout period lifted after the November policy meeting. While Sahm said she didn’t want to tell anyone not to speak, and stressed that she values “an extremely robust debate around the FOMC [Federal Open Market Committee] table,” the public chatter has been “disruptive to markets at a time where markets needed no more disruption.
Related: Sinema ditches Democrats, but analysts say it’s no Senate earthquake, just a re-election gambit — Claudia Sahm on providing recession relief while minimizing inflation impacts Sahm offered a blueprint for getting income support to families if there is a recession while inflation remains high. Issuing smaller, repeated payments — compared, for example, to the $1,400 checks in the 2021 American Rescue Plan — would be less inflationary because it would emphasize relief while de-emphasizing stimulus, Sahm says.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Claudia Winkleman's embellished knee-high party boots are a huge hit with fansClaudia Winkleman's sparkly party season boots are a huge hit with fans
続きを読む »
See the first U.S. dollars with Janet Yellen's signatureTreasury Secretary Janet Yellen has unveiled the first U.S. dollars bearing her signature, marking the first time a woman's signature appears on the nation's currency.
続きを読む »
‘It’s pretty gross’: Magnolia residents say they’ve been dealing with ongoing water issues for months‘It’s pretty gross’: Magnolia residents say they’ve been dealing with ongoing water issues
続きを読む »
U.S. Economy Rallies After Fed Releases Long List Of All The Fun Stuff Money Can BuyU.S. Economy Rallies After Fed Releases Long List Of All The Fun Stuff Money Can Buy: ‘Speedboats, Video Games, Ice Cream,’ Says Fed Chair Jerome Powell
続きを読む »
Former Ripple Executive Comments on XRP Price Chart$XRP is real utility, unlike Bitcoin's ponzinomics, says former Ripple executive xrpsec ripplesec ripplexrp xrp xrparmy xrpcommunity ripple bitcoin btc $btc
続きを読む »
Treasury yields climb as investors fret over Fed policyTreasury yields climbed on Thursday as investors assessed the outlook for the Fed’s interest rate hikes and awaited inflation data due to be released on Friday.
続きを読む »