Peter Schiff: Janet Yellen is not hawkish, Fed won’t end QE

The markets and finance experts are still reacting to last week’s announcement by Federal Reserve Chair Janet Yellen that the central bank will soon end its quantitative easing measures and raise rates.

Yellen also released economic data in which she blamed the weather for some of the negative findings.

Peter Schiff sat down with CNBC late last week to argue that it’s the overall United States economy that is churning out a lack of genuine growth. Schiff added that Yellen is not as hawkish as some pundits believe because the Fed will not be ending its monthly bond-buying program.

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