Fed Is in ‘No Man’s Land’ Right Now, KPMG’s Swonk Says

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KPMG's Chief Economist Diane Swonk believes the Federal Reserve is in a challenging position due to the latest inflation report, with core consumer price index growing at its slowest pace in three months.

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Neutral
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70%

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KPMG Chief Economist Diane Swonk reacts to the latest inflation report and discusses what it means for Federal Reserve monetary policy on “Bloomberg The Close.” The core consumer price index increased 0.2% from August, according to Bureau of Labor Statistics data. That was the slowest pace in three months.

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Original article published by Bloomberg on October 24, 2025.
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