[Economist: The Fed Cutting Rates Amid Rising Inflation Could Be a Major Mistake, BTC Fails to Achieve Breakthrough as Expected] Odaily Planet Daily reports that economist Peter Schiff posted on the X platform, stating that the Federal Reserve is about to cut interest rates amid rising inflation, which could be a major policy mistake. Gold and silver have already surged, and the rally led by mining stocks has ultimately confirmed this trend. However, Bitcoin has failed to achieve a timely breakthrough as expected and is instead consolidating at high levels. For holders, it might be time to consider switching tracks.