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

Bloomberg MarketsWednesday, July 29, 2026 at 6:37 PM

RedScroll Brief

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.

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RedScroll Briefing

Extractive editorial brief — not a reprint of the original

What happened

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.

Why it matters

Corporate and market moves reprice risk and reveal where power and cash are concentrating.

Background

Bloomberg Markets reported on this under business. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.

Timeline

  1. Bloomberg Markets published: Fed Should've Raised Rates Amid 'Hot' Inflation, Economist Swonk Says

  2. Story is in today’s RedScroll edition. Follow the original source for updates.

Economic impact

Investors will watch earnings, rates, and competitive positioning connected to Federal Reserve and Fed Should.

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Sources

Bloomberg Marketsoriginal reporting. RedScroll provides an extractive briefing only.