Claudia Sahm Yearns for ‘Soft Landing’ the Fed Can’t Engineer

Former senior Fed official Claudia Sahm wrote in a recent piece for MSNBC that the Fed “could still ruin” what she imagines is the economy’s “soft landing.” On its face, there’s reason for skepticism. Sahm surely knows why. It has to do with the Fed’s history as an economic forecaster. It’s not…

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