Fed Should've Raised Rates Amid 'Hot' Inflation, Economist Swonk Says

Bloomberg Markets•Wed, Jul 29, 2026, 06:37 PM•2 min read

KPMG Chief Economist Diane Swonk says she expects a rate hike in September after the decision by the Federal Reserve's policy-setting Federal Open Market Committee to leave rates unchanged. She speaks on Bloomberg Television's "The Fed Decides.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-07-29/fed-should-ve-raised-rates-amid-hot-inflation-economist-swonk-says)

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