Peter Schiff: September Rate Cut Not a Done Deal, Inflation May Be Higher Than Expected

BlockBeats News, August 5th, Economist and cryptocurrency critic Peter Schiff tweeted, stating, "A September rate cut is by no means a done deal because the inflation data released between now and the next Fed meeting may come in higher than expected. The fact that the market has risen in anticipation of a rate cut actually reduces the likelihood of a cut. Stronger inflation pressures will outweigh the impact of slowing job growth."

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Peter Schiff: September Rate Cut Not a Done Deal, Inflation May Be Higher Than Expected

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