20 min listen
Economists Could Be Using Bad Data to Make Big Decisions
FromBig Take DC
ratings:
Length:
16 minutes
Released:
Jan 25, 2024
Format:
Podcast episode
Description
Last year, as the US Federal Reserve kept raising interest rates to rein in inflation, Chair Jerome Powell kept pointing to one category of data that was guiding its decision: The labor market. But it’s possible that the labor market data-of-choice may have been faulty.Having a clear picture of how Americans are really doing is crucial during a presidential election cycle. Bloomberg’s Saleha Mohsin talked with Claudia Sahm, an ex-Fed economist, and with Odd Lots podcast hosts Joe Weisenthal and Tracy Alloway about whether economists have the best data to make key decisions about the US economy.See omnystudio.com/listener for privacy information.
Released:
Jan 25, 2024
Format:
Podcast episode
Titles in the series (23)
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