Fed Now Has a ‘Dueling Mandate,’ KPMG’s Swonk Says
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AI-PoweredKPMG's Chief Economist Diane Swonk expects tension in the market due to the Federal Reserve's dual mandate of controlling inflation and supporting economic growth, following the interest rate cut.
Market impact analysis based on neutral sentiment with 80% confidence.
Article Context
“We are going to see a lot of tension going forward,” KPMG Chief Economist Diane Swonk says while reacting to the decision by the Federal Reserve’s policy-setting Federal Open Market Committee to cut rates a quarter point on “Bloomberg Surveillance: The Fed Decides.”
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