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IPFS News Link • Federal Reserve

Schiff: The Fed Will Raise Rates... Until It Can't

• Zero Hedge

Via SchiffGold.com,

After going from not even thinking about thinking about raising interest rates, to thinking about it, to talking about it, the Fed finally got around to raising rates last week. Peter Schiff called it the most anticipated and probably the least significant rate hike ever. So, what's next? In his podcast, Peter said the Fed will keep raising rates … until it can't.

In the past, Peter has said this could be it for hikes. The Fed could be one and done. But the central bank has indicated that it will raise rates six more times this year. In his podcast last week, Peter said there are likely more hikes coming down the pike and the markets haven't come to terms with how high rates might rise.

So, which is it?


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