Fed's challenge is if labor weakness is demand related or more structural, says KPMG's Diane Swonk
Fed's challenge is if labor weakness is demand related or more structural, says KPMG's Diane Swonk
Transcript
the rising uncertainty over whether there's a rate cut coming next month. Now, the odds of a December cut went from a near certainty to now about 50%. Joining me is KPMG's chief economist, Diane Swonk, and CNBC's Steve Liesman. Steve, let me begin with you. Is this a big departure from what we had seen after the last fed meeting? >> Yeah. And by th... Read More
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