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Schiff sees the possibility of the latest Fed rate cut fueling recession and inflation

CoinGape
Summary
Nutrition label

59% Informative

Peter Schiff sees the possibility of the latest interest rate cut by the US Federal Reserve fueling recession and inflation.

Schiff believes that the situation with the inflation makes the recession even worse.

In case of economic relapse, Schiff advocates for Gold as hedge against inflation.

Bitcoin has registered a sizable price surge in the last 24 hours , during which news of the interest rate went live.

VR Score

40

Informative language

30

Neutral language

60

Article tone

formal

Language

English

Language complexity

41

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links