Bitcoin (BTC) $100,776.87 -3.02%
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Tether (USDT) $1.00 -0.01%
Solana (SOL) 155.70657 -3.64%
Cardano (ADA) $0.52 -4.62%
Chainlink (LINK) $14.43 -4.73%
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Market Cap: $3,350,465,516,360

24h Vol: $162,289,815,217

CoinGape

2022-12-10 08:00:37

Elon Musk Warns Fed Rate Hike Will Amplify Recession

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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