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Sahm says Fed cannot wait and October hike is safer insurance

NewsFeeds update

Claudia Sahm, creator of the Sahm Rule, says the Fed should raise rates in October rather than hold, warning that inflation could spiral and force a sharper stop later. Market odds of an October hike have fallen to 17% from 70% three weeks ago, with August PCE inflation at 3.4%.

MacroPANewsAIBearish

Read the original on PANews

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.