Claudia Sahm

Claudia Sahm is the Founder of Stay-At-Home-Macro and a former Federal Reserve economist. She has policy and research expertise on consumer spending, fiscal stimulus, and the financial well-being of households. She is the author of the “Sahm Rule,” a reliable early signal of recessions that she developed as a way to automatically trigger stimulus payments to individuals in a recession. Previously, Sahm was a section chief in the Division of Consumer and Community Affairs at the Federal Reserve Board, where she oversaw the Survey of Household Economics and Decisionmaking. Before that she worked for 10 years in the Division of Research and Statistics on the staff’s macroeconomic forecast. She was a senior economist at the Council of Economic Advisers in 2015–2016. Sahm holds a Ph.D. in economics from the University of Michigan (2007) and a B.A. in economics, political science, and German from Denison University (1998).

By this expert

People’s Deposits Are Safe From Bank Failures But Not From the Economic Fallout

Article | Mar 27, 2023

Bank failures don’t threaten most deposits, but they do threaten jobs

A Big Fiscal Push is Urgent, The Risk of Overheating Is Small

Article | Mar 2, 2021

The $1.9 trillion stimulus should be large because the need is large

Featuring this expert

Navigating Economic Crises

Video | Feb 21, 2024

How can we better prepare for financial downturns?

Experts on Inflation: Prognosis, Political Fallout and Who’s Really to Blame

Article | Nov 18, 2021

Economists Claudia Sahm, Servaas Storm, and Pia Malaney share their views on the problem that has everyone freaking out. Here’s what it all means for your pocketbook – and your democracy.

Debt Talks Episode 8 | Public Debt: How Much is Too Much?

with Rüdiger Bachmann, Claudia Sahm, Ludwig Straub; moderated by Moritz Schularick

Event Webinar | Hosted by Private Debt | Jun 29, 2021

Where are the US and Europe now and where could they be going?

What Happens When a Noted Female Economist Fights Toxic Culture in the Field?

Article | Sep 9, 2020

Claudia Sahm dares to call out systemic bullying and harassment that drives out talent and compromises science. Perpetrators are not happy.