Diane Swank

Rachel Scott, ABC News senior political correspondent, analyzes the high-stakes Wisconsin Supreme Court race against the backdrop of Trump's influence. Diane Swank, Chief economist at KPMG, discusses the economic ramifications of new tariffs and how they could escalate a trade war, affecting consumers and the auto industry. Meanwhile, Tom Sufi-Burge reveals the fallout from Marine Le Pen's embezzlement conviction that bars her from political office, echoing familiar political challenges in the U.S. The discussion weaves together legal, economic, and political threads.

Diane Swank from KPMG and Matt Lozelli of Deutsche Bank dive into the Federal Reserve's recent interest rate cuts. Swank offers sharp economic analysis while Lozelli shares his financial market expertise. They discuss how these policy changes impact inflation and labor markets, revealing the Fed's struggles against rising unemployment and shelter inflation trends. The duo explores market reactions, highlighting shifts in currency strength and equity prices, while questioning the Fed's confidence in its predictive models amid economic uncertainties.

Tom Keene, a seasoned Bloomberg journalist, leads a discussion featuring Rich Clarida, former Federal Reserve Vice Chair; Bob Michael, a bond market expert; Diane Swank of KPMG; and Deutsche Bank's Matt Lozetti. They delve into the Fed's recent interest rate cut and its implications for the labor market. The group examines inflation trends and the influence of tariffs on economic perceptions. They also explore the challenges facing the bond market amid rising yields and the broader impacts on global economies as fiscal policies evolve.