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CoinGape 2022-12-10 08:00:37

Elon Musk Warns Fed Rate Hike Will Amplify Recession

Elon Musk, CEO of Twitter, stated that the next US Federal Reserve rate hike will exacerbate the recession. In a Twitter exchange, the world’s richest man and mercurial electric car executive said, If the Fed raises rates again next week, the recession will be greatly amplified — Elon Musk (@elonmusk) December 9, 2022 Michael The post Elon Musk Warns Fed Rate Hike Will Amplify Recession appeared first on CoinGape .
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