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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…

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

Elon Musk Warns of Severe Recession — Urges the Fed to Cut Interest Rates Immediately

Tesla CEO and Twitter boss Elon Musk has warned of a severe recession in the U.S. The billionaire stressed that the Federal Reserve needs to cut interest rates “immediately,” emphasizing…

Continue ReadingElon Musk Warns of Severe Recession — Urges the Fed to Cut Interest Rates Immediately