Elon Musk Has Advice for the Fed. The Central Bank Might Want to Take It.

Elon Musk has advice for the Federal Reserve: Cut interest rates or else. He runs a huge manufacturing organization. The Fed might want to take note.

Musk tweeted early Wednesday that macroeconomic trends are concerning and that the “Fed needs to cut interest rates immediately.” He added, “They are massively amplifying the probability of a severe recession.”