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Fed Has Started a Rate-Hiking Cycle, Swonk Says
Source: Bloomberg
Monetary PolicyInterest Rates & YieldsInflation
KPMG Chief Economist Diane Swonk said the Federal Reserve is at the beginning of a rate-hiking cycle, while warning that persistent inflation through 2027 could require additional policy cuts. The commentary underscores uncertainty around the Fed's longer-term policy path and the durability of inflation progress.
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