Investor Peter Schiff said the federal funds rate remains too low to rein in rising inflation, that only two of the FOMC’s 12 members voted to support a hike, and that even a 25bp increase would be too little and too late — today's decision will drive inflation further above the Fed's 2% target.

2026-10-29

Investor Peter Schiff said the federal funds rate remains too low to rein in rising inflation, that only two of the FOMC’s 12 members voted to support a hike, and that even a 25bp increase would be too little and too late — today's decision will drive inflation further above the Fed's 2% target.