Fed Folds With a Soft Pivot – Ep 850
The Peter Schiff Show Podcast
00:00
Inflation Is a Problem All Over the World
I called out the Fed. I said this was not a mid-course correction. This was a U-turn. The course is now different. The Fed is going to keep on cutting and that's exactly what it did. They're just correcting the rate at which they're raising rates, but what this really is is a prelude to a complete change in direction. Next thing you know, they're going to be cutting rates. There may be some more rate hikes first, but the Fed is not going to hike rates as much as people thought.
Transcript
Play full episode
