Will Fed policy trigger a US recession?

This podcast episode delves into the complexities of the US economy as signaled by the Sahm rule, with Claudia Sahm and experts like Bill Dudley and Rob Kaplan discussing the implications of rising unemployment and the Federal Reserve's high interest rates. While Sahm argues that despite the rule indicating a recession, other positive indicators suggest otherwise, Dudley raises alarm over a potential recession, citing significant unemployment risks. Kaplan presents a more measured view, emphasizing the importance of the Fed's actions in balancing inflation control and employment maintenance, advocating for a careful approach in reducing interest rates.