Author: Peter Schiff

Fed Up Friday

A wilting, stifled economy is the story this week with the Fed. They’re trapped, unable to bolster the economy and they have no ammo to halt inflation. Fed President Lacker Urging Preemptive Rate Increases Regular Fed dissenter Jeffrey Lacker said...

Yellen Dodges Questions on Interest Rates and Political Motives

Yellen Dodges Questions on Interest Rates and Political Motives

On Wednesday, Federal Reserve Chairwoman Janet Yellen testified before the House Financial Services Committee on financial regulation. The Fed Chair took criticism from both sides, with Democrats and Republicans criticizing the regulatory body for doing too much and for doing...

Fed Up Friday

Fed Up Friday

In light of the Fed rate hike news finally dropping this week, we can start looking ahead to the rest of the year. It’s a great time to be Fed Up with the election looming and global central banks making...

CPI Numbers Show Mixed Results for the Economy

CPI Numbers Show Mixed Results for the Economy

The Consumer Price Index numbers released Friday showed inflation levels increasing 0.2%, which is slightly better than investors expected. Part of the rise was attributed to the so-called core inflation index, minus food and energy prices, which increased 0.3% in...

Apple Tax Grab by EU Invades IRS Airspace

Apple Tax Grab by EU Invades IRS Airspace

by John Browne On August 30th, the European Union (EU) Commission ordered the Irish government to reclaim some $14.6 billion of so-called back taxes plus interest from Apple Inc. The order challenged sovereign tax authority within the EU and well-established international...

Fed President Comments Send Stock Markets Diving for Cover

Fed President Comments Send Stock Markets Diving for Cover

Last Friday the stock market tanked following another monetary policy maker’s statements about interest rates. It seems investors are, yet again, willing to believe the Fed intends to raise interest rates despite the reality of a bad economy. Policy makers...

Negative Rates Will Kill Growth

For years I have argued that ultra-low interest rates act more as an economic sedative than a stimulant. This idea has elicited laughter from the economic establishment. But it is becoming clearer that rates set by central banks that are...

Peter Schiff’s Fed Up Friday

It seems like a long time has passed since all the hawkish talk from the Fed after the jobs report came out. That’s probably because this week has seen mounting evidence that a rate hike before December, or possibly even...