Reported 23 days ago
Claudia Sahm, chief economist at New Century Advisors, argues for a 50 basis points interest rate cut by the Federal Reserve in their September meeting, citing significant improvements in inflation data and concerning trends in the labor market. Alongside Deutsche Bank's Matthew Luzzetti, she emphasizes the need for a recalibration in response to economic conditions, suggesting that a reduction in rates is overdue.
Source: YAHOO