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Elon Musk urges Fed to cut rates 'immediately,' or risk severe recession

Por: Fox Business Business November 30, 2022

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Revere Securities non-executive chairman Kyle Wool discusses whether the Fed will continue to aggressively hike rates at December's FOMC meeting on 'Varney & Co.' Elon Musk called on the to cut interest rates as soon as possible, warning that its aggressive tightening campaign this year raised the likelihood of a deep and painful downturn in the U.S. economy.  In a tweet early Wednesday, the and Twitter chief urged the central... + full article



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