Peter Schiff Warns 25-Basis-Point Hike Would Do 'Nothing': 'They Should Raise Rates By a Lot More'
Investor Peter Schiff said he doesn't believe the Fed will raise rates next week, even if a quarter-point move would do nothing.
An investor thinks the Federal Reserve isn't raising interest rates enough to help fix inflation (prices going up too fast). When the Fed raises rates, it affects bonds like TLT and IEF because people want different returns on their money.
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