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Stay-At-Home Macro (SAHM)

Claudia Sahm
Hundreds of paid subscribers

My goal is to make economic policy and macroeconomics better.

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Substack
PricingFreemiumPublishesWeekly
Issues236Founded5 years agoLast Issue9 days ago
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Latest Issues

Consumer Sentiment Isn't Politics, but Politics Is Reshaping It

A time of disruption is a time when expectations can play an outsized role in shaping the economy’s path. Now could be one of those times. Gasoline prices are almost 50% higher than in late February. How people react depends primarily on th...

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Words That Mattered: Fed Chair Jay Powell

Credit: Getty Images. Xinhua News Agency.

Today, May 15, is Jay Powell’s final day as Fed Chair.

Powell was sworn in as Chair in February 2018. He inherited an economy with unemployment at 4% and inflation slightly below 2%—near both sid...

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Signs of Stability, Signs of Strain

April's Jobs Day is Friday. The labor market is stabilizing, but higher energy prices are eating into paychecks — and a new Fed Chair will soon have to make sense of both.

Signs of stability.

There have been encouraging signs in the...

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A Fed Day for the History Books

Eccles Building before its reconstruction.

After eight years, Wednesday will be the last time that Powell steps up to the podium as Fed Chair. It’s also the day that Kevin Warsh will be voted out of the Senate Banking Committee to the ful...

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Fed Chair Apprentice

Tuesday, April 21, is a day Kevin Warsh has long awaited: his Senate confirmation hearing for Fed Chair. He lost out on Trump’s nomination to Jay Powell eight years ago. This time, he won the nod and is on track to replace Powell next month...

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  • Claudia Sahm

    Founder of Sahm Consulting, former Federal Reserve and White House economist.

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