Sam's Rule Founder: It is expected that the Federal Reserve will continue to steadily cut interest rates
On October 16, Claudia Sahm, the founder of Sahm Rule and economist, stated that she expects the Federal Reserve to continue steadily cutting interest rates, but it's unlikely to significantly cut 50 basis points like in September. Although the Fed has been successful in curbing inflation so far, Sahm admits that consumers may not view the economy as positively as experts do.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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