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Topic - Diane Swonk
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"Yellen wants to run a high-pressure economy by overshooting inflation and pushing the unemployment rate lower," said Diane Swonk, chief economist at DS Economics. "She wants to hedge against another recession."
"The situation could be volatile," said Diane Swonk, chief economist at Mesirow Financial. "I believe the Fed is going to raise rates once, most likely in September, and then wait for some time before raising them again to judge market reaction."