Diane Swonk, chief economist at KPMG, joins BNN Bloomberg to discuss the Fed's rate path and U.S. economy. She says the general consensus is another quarter point hike in July, and the door is expected to be left open to additional rate hikes if needed. She adds that Medical insurance will add to inflation again in October, and ongoing supply chain fragilities could create too high of a floor under overall inflation as we move into 2024.

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