Strategist Warns Fed Rate Hikes Amid Energy Shocks Could Repeat 2008 Policy Errors

Market strategist James Thorne warns that the Federal Reserve risks repeating the policy mistakes of 2008 by raising interest rates during an energy supply shock. Thorne argues that central banks often misinterpret price increases caused by supply shocks as economic overheating. While U.S. employment data remains resilient, consumer sentiment regarding personal finances is deteriorating. The Fed is scheduled to meet on September 15-16, with upcoming PPI and CPI data expected to influence their policy decisions.