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TechFlow news, April 21 — Economist Peter Schiff posted that gold prices breaking through $3,400 is a signal from the market urging the Federal Reserve to raise interest rates. However,各方 including Trump are calling for the Fed to cut rates. Schiff believes the Fed may ignore the warning signaled by gold prices and yield to pressure to lower rates, and this policy mistake would drive gold prices even higher.
According to economist Peter Schiff, gold prices breaking through $3,400 is a market signal to the Federal Reserve to raise interest rates. However, various parties, including Trump, are calling on the Fed to cut rates. Schiff believes the Fed may ignore the warning from gold prices and yield to pressure for rate cuts, and this policy mistake would drive gold prices even higher.
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