Fed Is in ‘No Man’s Land’ Right Now, KPMG’s Swonk Says
{# Share Buttons Partial Variables: share_title — text to pre-fill in share dialogs share_url — canonical URL to share (use request.build_absolute_uri in parent) #}Market Intelligence Analysis
AI-PoweredKPMG'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.
Market impact analysis based on neutral sentiment with 70% confidence.
Article Context
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.
Analysis and insights provided by AnalystMarkets AI.