Peter Schiff Slams Fed's 2% Inflation Target: 'For The First 99 Years… The Unofficial Target Was Zero' Amid Jerome Powell's Inflation Concerns

Peter Schiff Slams Fed's 2% Inflation Target: 'For The First 99 Years… The Unofficial Target Was Zero' Amid Jerome Powell's Inflation Concerns

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Economist Peter Schiff criticized the Federal Reserve’s 2% inflation target as a pretext for accommodative monetary policy, amid Fed Chair Jerome Powell‘s recent congressional testimony highlighting persistent inflation concerns. What Happened: In a post on X on Sunday, Schiff argued that the…

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