Will 50 Bps Fed Rate Cut Send US Economy To Recession? Peter Schiff Warns

Gold proponent Peter Schiff sees the possibility of the latest Interest rate cut by the US Federal Reserve fueling recession and even inflation. He described the latest interest rate cut of 50-basis-point as the Fed Reserve giving in to the market. Schiff believes that the situation with the inflation makes the recession even worse. Is The post Will 50 Bps Fed Rate Cut Send US Economy To Recession? Peter Schiff Warns appeared first on CoinGape .