At Sahm Consulting, I offer data-driven, independent analysis for fund managers, executives, and local business groups on the macroeconomic outlook and the Fed and fiscal policy. Learn more.
Custom, timely research geared to investors.
Longer-form, in-depth papers.
Communication policy is a powerful tool for the Fed, but it's become overpowering. Hearing from the Fed is a good thing, but too much of a good thing is not good.
Inflation. Inflation. Inflation. It's been a rough start to the year on inflation, but it's not all bad news. Most importantly, it shows a path forward if we choose to follow it.
In March 2023, the U.S. labor market continued its rock solid push forward, with 303,000 more jobs and the unemployment rate back down to 3.8%. Are there cracks below the surface? Not really.
