Diane Swonk
ON THE RECORD · 4 verbatim quotes · every quote source-verified
“Even when the cure hurts, it's better than letting it metastasize.”
Diane Swonk · said date not stated · reported 2026-10-14
Swonk argued that even painful interest rate hikes are preferable to letting inflation spread unchecked.
“Inflation is like a cancer, and if you let it metastasize and go further, it's even worse,”
Diane Swonk · said date not stated · reported 2026-10-14
Swonk likened inflation to cancer, warning that allowing it to worsen is even more damaging.
“It makes things less affordable.”
Diane Swonk · said date not stated · reported 2026-09-16
Swonk explained how consumers experience higher interest rates similarly to inflation in terms of reduced affordability.
“People experience higher interest rates much like they experience inflation,”
Diane Swonk · said date not stated · reported 2026-09-16
The 10-year Treasury yield climbed to its highest level since 2007, intensifying affordability challenges for consumers.