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Cryptocurrencies: 29370
Markets: 112909
Market Cap: $2,168,578,937,390     
24h Vol: $52,275,033,274
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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