KPMG: The Fed's continuation of current policies until next year may lead to excessive stimulus

ChainCatcher news, according to Jinshi reports, KPMG Chief Economist Diane Swonk stated that the Federal Reserve is trying to lift some restrictions to boost the labor market. However, if this policy is extended into next year, when the Federal Reserve will face major leadership changes, there may be a risk of excessive stimulation, leading to a more harmful self-fulfilling prophecy where consumers and businesses expect inflation to be higher.