Economist KPMG's Swonk has expressed concerns about inflation. These concerns follow recent surveys of the manufacturing and service sectors. The surveys' findings suggest the Fed should be paying attention to inflation.

Further details about the surveys and Swonk's concerns are available from CNBC. The source provides more information about the potential implications for the Fed.

The surveys' results have prompted Swonk to advise the Fed to consider inflation concerns. For a more in-depth look at the surveys and their potential impact, readers can refer to the source.