Schiff: Higher Rates to Persist as Fed Fights Inflation, Forcing Investors to Adapt

Peter Schiff believes the Fed will keep interest rates high as inflation remains sticky, ending the era of zero interest rate policy.

Higher rates for longer could mean more expensive borrowing, potentially reduced economic activity, and pressure on the dollar.

A return to zero rates could spur high inflation and stock market volatility, per Schiff.

Investors may need to adapt strategies, turning to assets like real estate to hedge inflation.

Individuals can benefit from higher rates via savings accounts, CDs, but debt may become difficult to manage.