Claudia Sahm on U.S. economic effects - the details matter

Claudia Sahm, an expert on monetary and fiscal policy and former Federal Reserve economist, delves into the nuances of the economy. She discusses the Sahm Rule and its relevance during recessions, exploring how labor dynamics and inflation intertwine. Sahm examines the inevitability of higher inflation and the economic impact of tariffs, questioning who truly bears the cost. She also highlights the Federal Reserve's communication strategies and the challenges of maintaining independence in a politically charged environment.