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Cryptela — Cryptocurrency News and Market Intelligence
cryptonews 2022-12-01 17:00:00

Elon Musk Fears Severe US Recession is Coming, Urges the Federal Reserve to Do This to Prevent It

Elon Musk, CEO of Tesla and Twitter, has called on the Federal Reserve to cut interest rates to prevent a potential major recession as the US economy faces the possibility of a severe recession. In reply to a tweet that said a real economic recession is coming in 2023, Musk agreed that the current economic trend is concerning. The discussion was soon joined by other commentators, including Sven Henrich, the founder and lead market strategist of NorthmanTrader.... Read More: Elon Musk Fears Severe US Recession is Coming, Urges the Federal Reserve to Do This to Prevent It
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