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Higher Rates 'Cannot Manufacture' Oil or Reverse Tariffs: James Thorne Says Fed Eyeing Another Hike a 'Misdiagnosis'

Oct 8, 2026 · 02:52 AM ET· updated 51m ago
Higher Rates 'Cannot Manufacture' Oil or Reverse Tariffs: James Thorne Says Fed Eyeing Another Hike a 'Misdiagnosis'

Fed eyes another hike by year-end, but strategist James Thorne says it's misdiagnosing an economy that isn't overheating.

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Why It Matters

A money expert says the Federal Reserve may be making a mistake. Raising interest rates won't fix problems like oil prices or tariffs.

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