KPMG Chief Economist Discusses Fed Rate Hike Expectations

Diane Swonk, KPMG Chief Economist, analyzed the current economic landscape, highlighting how improvements in the labor market and persistent service sector inflation are driving hawkish sentiment among Federal Reserve officials. She noted that bond market pricing reflects expectations of a 25 basis point rate hike in 2026, signaling a shift in monetary policy outlook. She speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)