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Peter Schiff: September Rate Cut Not Set in Stone, Inflation May Be Higher Than Expected
By: theblockbeats.news|2025/08/05 06:22:19
BlockBeats News, August 5th, Economist and cryptocurrency critic Peter Schiff tweeted, stating, "A September rate cut is by no means a done deal as inflation data released between now and the next Fed meeting may be higher than expected. The fact that the market has risen in anticipation of a rate cut actually makes the likelihood of a cut lower. Stronger inflation pressure will outweigh the impact of slowing job growth."
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