Karen Nye
knyeecon.bsky.social
Karen Nye
@knyeecon.bsky.social
Media connection for the economics team at KPMG inc. chief economist Diane Swonk; former financial journalist by trade: CNBC, NBC News and BBC.
KPMG US chief economist Diane Swonk told Contessa Brewer and Steve Liesman that the Federal Reserve faces a conundrum of whether labor market weakness is cyclical or structural.
www.cnbc.com/video/2025/1...
Fed's challenge is if labor weakness is demand related or more structural, says KPMG's Diane Swonk
CNBC's Steve Liesman and Diane Swonk, KPMG chief economist, joins 'The Exchange' to discuss the Fed's December meeting.
www.cnbc.com
November 14, 2025 at 8:16 PM
Watch CNBC The Exchange anchored by Contessa Brewer to hear from KPMG chief economist Diane Swonk about challenges the Fed faces as no data vacuum turns to a deluge.
November 14, 2025 at 5:30 PM
Listen to Marketplace morning report with host David Brancaccio to hear KPMG chief economist Diane Swonk outline the Federal Reserve’s options as a trickle of economic data turns into a deluge.
November 14, 2025 at 2:43 PM
Watch BBC News Channel to hear @KPMG_US chief economist @dianeswonk.bsky.social assess where the economy stands after the long government shutdown. She'll be talking to Lewis Vaughan Jones in London and Caitriona Perry in DC.
November 13, 2025 at 8:28 PM
“It was easier to forecast that we’d have a mild bout of stagflation. It’s another thing to live it,” said Diane Swonk, chief economist at KPMG to the Wall Street Journal's Nick Timiraos about the current economy.
www.wsj.com/economy/cent...
The Fed Is Increasingly Torn Over a December Rate Cut
As data went dark from the government shutdown, inflation hawks pushed to pause rate cuts at a contentious October meeting. The divide might not end soon.
www.wsj.com
November 12, 2025 at 5:10 PM
f you missed seeing @KPMG_US chief economist @dianeswonk on Bloomberg TV earlier, here's chance to watch her interview with Matt Miller and Dani Burger on Open Interest. Even with less data, she's able to pull together an updated forecast.
www.bloomberg.com/news/videos/...
Search Results Page
www.bloomberg.com
November 7, 2025 at 9:12 PM
Watch Bloomberg TV at 10am Eastern to see KPMG chief economist Diane Swonk and hear her outlook on the economy.
November 7, 2025 at 2:39 PM
Reposted by Karen Nye
We did get *some* data today: Jobless claims increased slightly in the final week of October. But the four-week average actually fell. Still no sign of a surge in layoffs in these numbers. #NumbersDay
November 7, 2025 at 2:36 PM
Read about consumer debt from a new Federal Reserve report. Senior economist Matt Nestler at KPMG sifts data to determine the state of consumer debt - mortgages, cars, home equity loans and student loans. Turns out that last is the growing problem for a number of people. kpmg.com/us/en/articl...
Consumer debt looks balanced but not student loans
Another rate cut is a coin toss.
kpmg.com
November 5, 2025 at 9:42 PM
Reposted by Karen Nye
In evaluating today's "curious kind of balance" in the labor market, we need to put it in the context of the many curiosities of the labor market during this cycle.

That's part of the reason why I do not see a recessionary dynamic now ...

stayathomemacro.substack.com/p/a-curious-...
A Curious Kind of Cycle
Today’s post is an excerpt of a talk I gave last week at the Forecasters Club of New York.
stayathomemacro.substack.com
November 3, 2025 at 9:24 PM
Reposted by Karen Nye
Mortgage winter got about 🥶

Avg age first-time buyers jumped to 40 from 38 in NAR survey,
oldest on record back to 1980s.

Hard even as some markets hottest post pandemic markets experiencing price drops. Insurance & taxes hurt affordability more than mortgage rates.
share.google/XwCFhqj82war...
First-Time Home Buyer Share Falls to Historic Low of 21%, Median Age Rises to 40
The historically low share of first-time buyers underscores the real-world consequences of a housing market starved for affordable inventory.
share.google
November 4, 2025 at 7:01 PM
Read the November issue of Economic Compass by
Diane Swonk, chief economist at KPMG. She examines how on the one hand, the economy is booming, mostly on AI investment. On the other hand, the labor market is lagging, something that started this year. kpmg.com/us/en/articl...
Rising tide fails to lift all boats
A jobless boom
kpmg.com
November 4, 2025 at 9:52 PM
See how Diane Swonk at KPMG explains what the Fed is trying to do, talking to Tom Keene on Bloomberg TV. www.bloomberg.com/news/videos/...
Fed Now Has a ‘Dueling Mandate,’ KPMG’s Swonk Says
www.bloomberg.com
October 30, 2025 at 12:10 PM
Take a look at KPMG chief economist Diane Swonk's insights following the Federal Reserve meeting:
kpmg.com/us/en/articl...
Fed cuts amidst dueling mandate
December “not a forgone conclusion”
kpmg.com
October 29, 2025 at 8:37 PM
Watch Bloomberg TV to hear Fed watcher and KPMG chief economist Diane Swonk's interpretation of the recent Fed action.
October 29, 2025 at 6:13 PM
Listen to WBBM News radio, CBS News Radio in Chicago, at noon Central Time to hear a preview of the Federal Reserve meeting from KPMG chief economist Diane Swonk. She'll be talking to host Rob Hart.
October 29, 2025 at 4:33 PM
For more, watch ABC News Live now to see KPMG chief economist Diane Swonk explain the latest inflation figures.
Meant to post this sooner. Inflation hit 3% Y/Y. Not as hot as could have been but still warm. Troubling that 40% of the data are now imputed due to staffing shortages prior to shutdown.

kpmg.com/us/en/articl...
Inflation slows upward creep
Service sector inflation proves sticky.
kpmg.com
October 24, 2025 at 7:54 PM
Watch Bloomberg TV with Raphael Bostick to hear KPMG chief economist @DianeSwonk parse the September inflation numbers.
October 24, 2025 at 6:43 PM
Read the latest on inflation from KPMG chief economist Diane Swonk. She writes that imported furniture is going up in price as is clothing since de minimis exceptions were stopped. More on CPI:
kpmg.com/us/en/articl...
Inflation slows upward creep
Service sector inflation proves sticky.
kpmg.com
October 24, 2025 at 3:20 PM
Read the latest from housing economist Yelena Maleyev at KPMG. She says that "Economic uncertainty and slowing job growth put a damper on housing’s ability to boost overall growth."
kpmg.com/us/en/articl...
Home sales on ice
Credit for many home buyers is drying up.
kpmg.com
October 23, 2025 at 4:50 PM
Listen to Marketplace morning report to hear KPMG US chief economist Diane Swonk with the latest outlook given little data.
October 16, 2025 at 1:34 PM
Labor economist Matt Nestler at KPMG writes on the costs of lost work hours and productivity when parents' childcare arrangements fall apart. The costs are real and climbing. They're even convincing college-educated mothers to exit the workforce. kpmg.com/us/en/articl...
The great exit
College-educated mothers of young children leaving the labor force.
kpmg.com
October 9, 2025 at 8:29 PM
Reposted by Karen Nye
The Federal Reserve's minutes today paint a picture of a rate-setting committee that is all over the map. Our story makes some sense of it:

apnews.com/article/infl...
October 8, 2025 at 7:16 PM
Watch BloombergTV at 1230pm Eastern to hear KPMG chief economist Diane Swonk explain to
Scarlet Fu How the government shutdown is placing a drag on the economy.
October 9, 2025 at 3:42 PM
Listen to Marketplace Morning Report with host David Brancaccio to hear KPMG chief economist Diane Swonk explain how the Fed is flying blind without government data due to the shutdown.
October 9, 2025 at 1:36 PM