Peter Schiff: The interest rate cut in September is not a certainty, and inflation may exceed expectations

ChainCatcher message, economist and cryptocurrency critic Peter Schiff stated: "A rate cut in September is not a certainty, as the inflation data released before the next Federal Reserve meeting may be higher than expected. The market has risen on the expectation of a rate cut, which actually reduces the likelihood of a rate cut. Stronger inflationary pressures will overshadow the impact of slowing job growth."