![Economist Sahm, who devised recession rule, says the Fed is ‘playing with fire’ Economist Sahm, who devised recession rule, says the Fed is ‘playing with fire’](https://image.cnbcfm.com/api/v1/image/107428174-17182187492024-06-12t185235z_864745080_rc2o98ae3dki_rtrmadp_0_usa-fed.jpeg?v=1718218795&w=1920&h=1080)
Economist Sahm, who devised recession rule, says the Fed is ‘playing with fire’
Economist Claudia Sahm on CNBC’s The Exchange. CNBC The Federal Reserve risks sending the economy into a downturn if it doesn’t cut interest rates now, according to the author of a tried-and-tested rule for recessions. Economist Claudia Sahm has shown that the economy is in recession when the three-month average unemployment rate is half a…