Claudia Sahm is a Senior Fellow at the Jain Family Institute, the founder of Stay-at-Home Macro Consulting, and a regular contributor at Bloomberg Opinion. She has policy and research expertise in macroeconomics, consumer spending, and household finance. She created the "Sahm Rule," an automatic trigger for stimulus payments in recessions. Previously, she was a section chief at the Federal Reserve, where she oversaw the Survey of Household Economics and Decisionmaking. Before that she worked for ten years on the staff’s macroeconomic forecast. She was a senior economist at the Council of Economic Advisers. Sahm holds a PhD in Economics from the University of Michigan (2007), and a bachelor’s degree in economics, political science, and German from Denison University (1998).