What Happened: Noted economist Peter Schiff recently expressed his concerns about the economy in 2024. He predicts that the Federal Reserve‘s efforts to restore price stability will backfire, leading to a recession and a resurgence of high inflation. Schiff’s predictions, made on Tuesday, challenge the prevailing optimism among investors that the Fed has successfully averted a recession without triggering inflation. See Also: Cathie Wood Predicts Deflation In 2024, More AI And Tech Optimism — And Rate Cuts Why It Matters: In recent weeks, Schiff has consistently voiced his concerns over the Fe…
