Peter Schiff Predicts US Recession
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inflation spikeCoinGape
•Peter Schiff Warns US Recession; Predicts Inflation Spike Ahead
73% Informative
Peter Schiff warns of US recession, contradicting market expectations of economic growth.
Schiff predicts inflation spike, complicating Federal Reserve's rate-cut decisions.
This comes amid recent job data that has increased expectations for a significant rate cut by the Fed .
Some investors are now betting on a 50 basis points rate cut in September , up from the previously expected 25 basis points.
VR Score
67
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62
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36
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English
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