Peter Schiff: Powell Dashes Hopes for a December Rate Cut

Peter Schiff is not one to mince words, and his latest podcast episode is no exception. Diving deep into the recent Federal Open Market Committee (FOMC) meeting, Schiff provides a scathing critique of the Federal Reserve’s decisions and paints a stark picture of the economic landscape. If you consider yourself an engaged observer of the markets and the economy, this is a must-read (or rather, a must-listen, as the full video is available!). The headline from the FOMC meeting? A 25 basis point interest rate hike, coupled with the ending of quantitative tightening. Schiff immediately flags this as a crucial turning point,…