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Bitcoin.com

2022-12-11 02:30:28

Elon Musk: Recession Will Be Greatly Amplified if the Fed Raises Rates Next Week

Elon Musk: Recession Will Be Greatly Amplified if the Fed Raises Rates Next Week

Billionaire Elon Musk, the CEO of Tesla and Spacex, has warned that the recession will be “greatly amplified” if the Federal Reserve raises interest rates again next week. He added that things will “probably start looking better” in the second quarter of 2024. Tesla CEO Elon Musk on Recession and Fed’s Rate Hikes Tesla CEO

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