Peter Schiff: September interest rate cut is not on the board, inflation may be higher than expected
2025-08-05 05:48:49
Peter Schiff, an economist and critic of cryptocurrencies, tweeted that the September rate cut was not a DingTalk on the board because the inflation data released between now and the next Fed meeting could be higher than expected. The fact that the market is rising in anticipation of a rate cut makes it less likely. Stronger inflationary pressures will overwhelm the impact of slower job growth.
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