Elon Musk implores the Fed to cut interest rates or risk the economy falling into a “severe” recession.

Elon Musk believes the Federal Reserve must immediately cut interest rates or risk a severe recession. The outspoken Tesla CEO made his opinion known in a tweet Wednesday, which reads as follows: “The trend is concerning. The Fed needs to cut interest rates immediately. They are massively amplifying the probability of a severe recession.” Trend […]