‘I almost fell out of my chair’: Fed stalwart Claudia Sahm fears Kevin Warsh’s policies could undo 20 years of policy progress
Former Federal Reserve economist Claudia Sahm expressed strong concern over Kevin Warsh's potential policies, particularly his stated skepticism towards forward guidance. Sahm, known for her recession indicator, believes Warsh's views could dismantle two decades of progress in the Fed's communication and transparency efforts. She argued that abandoning forward guidance and the dot plot would reduce accountability and make the Fed appear more political. AI
