Peter Schiff has criticized the Federal Reserve's decision to cut interest rates, labeling it as illogical in the face of rising inflation. Schiff argues that the move prioritizes market interests over maintaining price stability, potentially impacting everyday affordability. He highlighted that the availability of cheap credit is now being directed towards riskier assets. Schiff's comments come as the Federal Reserve indicates limited rate cuts in early 2026, which could influence cryptocurrency markets. Altcoins and other digital assets may react to these monetary policy shifts, reflecting broader economic trends driven by central bank actions.
Peter Schiff Criticizes Fed Rate Cut Amid Inflation Concerns
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