Peter's Blog

In a hotly-anticipated announcement, the Federal Open Market Committee shaved its federal-funds target by another quarter point on December 10th, setting the range at 3.50 – 3.75 percent. Fed officials insist the U.S. economy is still expanding at a “moderate pace,” yet the same statement concedes that job gains have cooled and unemployment inched higher […]

Black Friday, the ultimate consumer holiday, has lost some of its luster in recent years as Americans become increasingly indebted, cash-strapped, and hamstrung by high inflation. Known as an all-out buying bonanza where shoppers flood retailers for deals on everything from TVs and toys to kitchen utensils, this year all signs point to a muted […]

On Tuesday’s episode of the Peter Schiff Show, Peter contends that the recent market bounce is being driven less by real economic strength and more by Fed signaling that rate cuts are coming. He walks through how central bank rhetoric, rising yields abroad, and domestic affordability pressures paint a picture of an economy strained by […]

In Wednesday’s episode of The Peter Schiff Show, Peter responds to the Fed’s latest rate cut, laying out why the Fed’s attempts to normalize policy have failed and how that failure ripples across markets, housing, and wages. He walks listeners through the permanence of the Fed’s bloated balance sheet, what that means for mortgage-backed securities […]

Last week, Peter joined the Soar Financially channel to lay out a clear warning: the Fed’s hoped-for rate cuts won’t rescue growth, they’ll stoke inflation and leave the economy worse off. He connects loose monetary policy to fiscal excess, presidential meddling, and a renewed flight into gold — a classic signal that sound money advocates […]

Federal Reserve Chair Jerome Powell took the podium in Warwick, Rhode Island on September 23rd to explain why policymakers trimmed the federal funds target another 25 basis points last week. Speaking to the Greater Providence Chamber of Commerce, Powell said the new 4.00–4.25 percent range moves policy “toward a more neutral stance.” Yet in the […]

Another month goes by, and the Fed’s 2% inflation target remains a distant paradise. Even though inflation has actually increased by some metrics, the Fed has nonetheless fired up the money printers, revealing it cares more about political ends than keeping prices stable. The following article was originally published by the Mises Institute. The opinions […]

Peter recently joined Kitco’s Jeremy Szafron to discuss why Fed rate cuts are unlikely to deliver hoped-for relief and may instead accelerate the dollar’s decline. He ties the problem to ballooning deficits, a fragile banking system, and the history of the Federal Reserve, and he closes by pointing out why silver remains undervalued relative to […]

On Wednesday’s episode of The Peter Schiff Show, Peter walks listeners through the week’s highly anticipated Fed announcement and Jerome Powell’s press conference, arguing the event was more about rhetoric than reality. He lays out how market expectations, shaky employment estimates, tariff pass-through, and backdoor guarantees all paint a picture of a central bank and […]

In his latest podcast, Peter goes through the just-released August consumer price data and uses the report as a springboard to explain why the markets are misreading the Fed and why ordinary Americans are likely to pay the price. He connects the dots between an understated CPI (Consumer Price Index), the rally in stocks tied […]