The Reason Why The Fed Will Not Raise Rates Today

Peter Schiff explains in simple terms why the Federal Reserve is not likely to raise interest rates later today in the most anticipated FOMC meeting in many years.

Tickers: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), iShares Silver ETF (SLV), SPDR S&P 500 Index ETF (SPY), iShares Russell 2000 Index ETF (IWM)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Why Is The Fed So Worried About Raising Rates?

That`s what they are worried about. They are worried about pricking it. That is the serious error that this former Yellen aid is talking about. It`s a recognition that this economy is a bubble and that it will be an error to prick that bubble.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Fed Meeting: Odds Are That They Will Not Raise Rates

Peter Schiff does not expect the Federal Reserve to raise interest rates this week in a highly anticipated Fed meeting.

Tickers: SPDR Gold Trust ETF (GLD), SPDR S&P 500 Index ETF (SPY), iShares Russell 2000 Index ETF (IWM), Nasdaq 100 Index ETF (QQQ)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.