Elon Musk, the CEO and owner of the American social media platform Twitter, commented that the depositor flight is significantly driven by the investors’ tendency to shift money from low-interest savings accounts to high-interest money market accounts, worsened by the “foolish rate hike.” On March 23, the Twitter CEO shared a thread showcasing that the The post Twitter CEO Raises Voice Against Fed’s ‘Foolish’ Interest Hikes appeared first on Coin Edition .
