Founder of the Sam Rule: It's time for the Federal Reserve to cut interest rates

【Founder of the Sahm Rule: It's Time for the Fed to Cut Interest Rates】Golden Finance reported that Claudia Sahm, the chief economist of New Century Advisors and founder of the Sahm Rule, personally stated that the U.S. economy has not yet entered a recession, but is "alarmingly close to a recession," and it is time for the Federal Reserve to cut interest rates. Claudia Sahm stated that the risk of an economic recession is increasing, which strengthens the case for the Fed to cut interest rates. The rise in the unemployment rate over the past year, as reflected by the Sahm Rule, now appears to have exceeded normal levels and is uncomfortably close to a recession. It is now time for the Fed to use its tools and lower interest rates. It is reported that the Sahm Rule is an indicator of an impending economic recession, believing that once the three-month moving average of the unemployment rate is 0.5 percentage points higher than the low point of the past year, it means that an economic recession has already begun