US EditionPeter Schiff Slams Fed’s Stress Tests For Ignoring Stagflation Risks: 'They Know No Major Bank Could Survive It' Peter Schiff Criticizes Fed's Stress Test Scenarios, Warns Of Unpreparedness For Stagflation - Morgan Stanley (NYSE:MS), Goldman Sachs Gr (NYS
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Peter Schiff Slams Fed’s Stress Tests For Ignoring Stagflation Risks: 'They Know No Major Bank Could Survive It' Peter Schiff Criticizes Fed's Stress Test Scenarios, Warns Of Unpreparedness For Stagflation - Morgan Stanley (NYSE:MS), Goldman Sachs Gr (NYS
Renowned economist Peter Schiff expressed criticism of the Federal Reserve’s recent bank stress tests, highlighting the lack of preparation for a potential stagflation scenario. What Happened: On Thursday, Schiff took to X to share his views on the Federal Reserve’s bank stress test scenarios for 2025 that it unveiled on Feb 5. He pointed out that the “Severely Adverse Scenario” outlined by the Fed assumes a recession accompanied by a sharp drop…
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