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Employment data is declining! The proposer of the 'Sam's Rule': The Federal Reserve will cut interest rates by 50 basis points this week

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Former Federal Reserve economist and creator of the famous recession warning indicator, Claudia Sahm, stated on Tuesday that although the US economy has not fallen into recession, the weakness in the labor market may concern the Federal Reserve and lead to a 50 basis point rate cut at this week's interest rate meeting.
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