🔴 Fed Ignores Data It Claims to Depend On - Ep 1006

Peter Schiff - 2025-01-29

Fed pauses rate cuts; market reactions, language tweaks on inflation, Trump's demand for rate cut, and crypto discussion. Download the CFO's Guide to AI and Machine Learning at netsuite.com/gold Peter Schiff discusses the Federal Reserve's decision to pause rate cuts and its implications for the economy. He scrutinizes changes in the Fed's language on inflation and the market's reactions. Peter questions Fed Chairman Jerome Powell's comments and the Fed's accountability on inflation. He addresses President Trump's demands regarding rate cuts tied to oil prices, criticizes the Fed's stance on tariffs and policy impact, and highlights concerning economic data such as the merchandise trade deficit. Peter explores the historical context of tariffs, their impact on economic growth, and the potential consequences of current trade policies. He closes by emphasizing the persistent issues with the Fed's monetary policy and the inflationary pressures facing the economy. ? Sign up for Peter's most valuable insights at schiffsovereign.com ? Free Reports & Market Updates: europac.com ? Schiff Gold News: schiffgold.com/news ? Book Store: schiffradio.com/books ? Follow Peter Schiff on Twitter: twitter.com/peterschiff ? Follow Peter Schiff on Instagram: instagram.com/peterschiff ? Follow Peter Schiff on TikTok: tiktok.com/@peterschiffofficial ? Follow Peter Schiff on Facebook: facebook.com/peterschiff Chapters: 00:00 Fed Reserve's Rate Pause Announcement 01:59 Market Reactions and Powell's Clarifications 05:20 Trump's Influence and Fed's Response 07:37 Fed's Stance on Tariffs and Policy Impact 11:16 Monetary Policy and Inflation Concerns 15:39 Powell's Q&A Session Highlights 23:38 Crypto and Banking Regulations 28:45 Bitcoin and Wealth Effect 30:42 Economic Data and Trade Deficit 33:58 Impact of Tariffs on Economy 42:18 Historical Perspective on Tariffs 54:20 Conclusion and Market Updates FederalReserve #InterestRates #StockMarket