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TechFlow news, October 16 — Claudia Sahm, founder of the Sahm Rule and economist, said she expects the Federal Reserve to continue cutting interest rates steadily, but it is unlikely to deliver a large 50-basis-point cut like in September. Although the Fed's efforts to curb inflation have so far been successful, Sahm acknowledged that consumers may not view the economy as positively as experts do.
On October 16, Claudia Sahm, founder of the Sahm Rule and economist, said she expects the Federal Reserve to continue cutting interest rates steadily, but it is unlikely to deliver a large 50-basis-point cut like the one in September. Although the Fed's efforts to curb inflation have so far been successful, Sahm acknowledged that consumers may not view the economy as positively as experts do.
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