KPMG’s Diane Swonk explains why the employment rate has remained low
CNBC Television·2025-08-01 18:07

Diane, h how much does this change the picture? Uh especially these revisions as Bostik was mentioning there. Um you think the Fed would have made a different decision if if these numbers had been out days ago. >> I'm not sure they would have made a different decision on the month of July, but I think this does nudge them obviously closer to September. It's still not a slam dunk. This is the hard part for the Fed. The important part for Bostic is he didn't say, "Hey, this is it. we're gonna cut now because ...

KPMG’s Diane Swonk explains why the employment rate has remained low - Reportify