Elon Musk fed up with the Fed ...News

Russia Today - News
Elon Musk fed up with the Fed
source : Russia Today ( News ) () 29
The Tesla CEO has called for an ‘immediate’ rate cut to prevent a recession Tesla and Twitter boss Elon Musk has called on the US Federal Reserve to slash the key interest rate as soon as possible in order to avoid a severe recession. He added that the regulator’s latest attempts to bring down inflation could make the situation worse. The critical remarks, published on Musk’s Twitter account on Wednesday, came in an exchange with Tesmanian (Tesla Accessories and News) portal co-founder Vincent Yu in which several other executives participated. “Trend is concerning. Fed needs to cut interest rates immediately. They

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