Economist Peter Schiff slammed Federal Reserve Chair Jerome Powell’s recent comments about the central bank’s inflation policy, pointing out a perceived inconsistency in the application. What Happened: Schiff took to X, formerly Twitter, to express his views on the Fed’s inflation policy following a recent announcement by Powell. In his tweet dated Wednesday, Schiff contended that despite years of inflation exceeding 2%, the Fed would not accept any years where it falls beneath that figure. The economist’s critique follows Powell’s recent statement that the Federal Reserve would not consider r…