Claudia Sahm is a well-known, highly regarded, Washington-based expert on monetary and fiscal policy and forecasting. She has advised decision-makers at the Federal Reserve, White House, and Congress. She created a widely used and highly accurate recession indicator, the Sahm rule. Sahm is the founder of Stay-at-Home Macro (SAHM) Consulting. Previously, she was a section chief at the Federal Reserve and a senior economist at the Council of Economic Advisers. Sahm holds a Ph.D. in Economics from the University of Michigan. This podcast covers: whether US fiscal policy worked and whether it caused inflation, the main causes of inflation, why there is no wage-cost inflation, and much more.
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