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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
Issues248Founded6 years agoLast Issue8 days ago
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Latest Issues

Read the Minutes, Fade the Presser

The July FOMC minutes and the press room, July 29, 2026. Source: Federal Reserve.

Yesterday, the Fed published the minutes of its July FOMC meeting. Together with the statement and the press conference directly after the meeting three week...

8 days ago
125
25

Go to the mountains, come down from 30,000 feet

Source: my photo, Grand Teton National Park.

A week from Friday, Kevin Warsh will deliver his first speech as Chair at the Fed’s Jackson Hole Symposium. The majestic backdrop of the Grand Teton is a world away from the Fed’s stuffy offices...

11 days ago
120
11

You asked, I answered

Your questions on Warsh, the federal debt, inflation and labor data, the Fed's design, and public speaking

Today’s post for paid subscribers answers many of the questions you posed last week. Thank you for the thoughtful questions! My inte...

19 days ago
16
3
Paid

Thank you, and ask me anything

A Q&A for paid subscribers. Questions by Wednesday, answers next weekend.

Today’s post is for paid subscribers only. Let me start by thanking you for your support of my writing here. I haven’t had much paid-only content for a while, as man...

a month ago
15
12
Paid

Warsh: "We're Sticking With It" ... Until January

A few weeks ago, I posed a question for Kevin Warsh: “2% of what?” Listening to his Congressional testimony, I became concerned that PCE inflation was not his yardstick for judging success at the Fed. I also wrote about him conflating targe...

a month ago
151
36

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  • Claudia Sahm

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

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