Bloomberg Talks cover image

Bloomberg Talks

Claudia Sahm Talks 2025 Economy, Stagflation Risk

Dec 30, 2024
Claudia Sahm, Chief Economist at New Century Advisors and a former Federal Reserve economist, brings her keen insights on the 2025 economic landscape. She highlights trends in inflation, the resilience of the labor market, and the critical risks to economic growth. Discussions also touch on potential stagflation and the importance of consumer spending and fiscal policies. Sahm emphasizes addressing blind spots in economic predictions and hints at how health advancements might influence future productivity.
12:26

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The economic outlook for 2025 suggests inflation is stabilizing, yet concerns about labor market sustainability and unemployment complacency persist.
  • Prolonged weakness in the manufacturing sector calls for policymakers to reassess strategies for boosting domestic production amid structural economic transitions.

Deep dives

Economic Outlook for 2025

The economy is projected to perform well in 2025, with a focus on inflation and the labor market. While inflation is nearing target levels and showing promising signs, concerns remain about the sustainability of the labor market. There is a risk that complacency among Federal Reserve officials regarding unemployment could lead to unforeseen challenges. Monitoring potential blind spots in economic projections is crucial, as assumptions about continued labor market strength may overlook vulnerabilities that could impact growth.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode