Recession Will Be Greatly Amplified if the Fed Raises Rates Next Week – Economics Bitcoin News

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 … Read more

Failed FTX Rescue Attempt Revealed, Putin Calls for Digital Currency Settlements — Week in Review – The Weekly Bitcoin News

Failed FTX Rescue Attempt Revealed, Putin Calls for Digital Currency Settlements — Week in Review – The Weekly Bitcoin News

Shark Tank star Kevin O’Leary has revealed his and Sam Bankman-Fried’s failed attempt to raise $8 billion to rescue the now collapsed crypto exchange FTX. In other news, Russian president Vladimir Putin has called for international settlements based on digital currencies. All this and more just below in this edition of the Bitcoin.com News Week … Read more