Indeed, #inflation will slow down the pace of rate cuts

Peter Schiff, chief economist at Euro Pacific Asset Management, recently criticized the Fed's policies harshly, warning that inflation will rise further in the coming year, potentially bringing long-term negative impacts to the U.S. economy. Schiff expressed his concerns about the Fed's strategy strongly on social media platform X, arguing that its actions will exacerbate inflation issues and pointing out that future rate cuts are more likely motivated by the need to rescue asset markets and banks rather than genuinely controlling inflation.
Fed Rate Cuts: Underlying Concerns and Future Risks