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Fed Won't Cut Until Early 2026, KPMG's Swonk Says

Markets

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March 19, 2025

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Bloomberg

KPMG Chief Economist Diane Swonk says the probability of the Federal Reserve cutting rates in May is low after the central bank's policy-setting Federal Open Market Committee decided to hold the benchmark interest rate steady and slow the pace of reducing the balance sheet. (Source: Bloomberg)

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