House Speaker Mike Johnson: We should reduce interest rates
CNBC · Just In
CNBC
Just In
House Speaker Rep. Mike Johnson (R-La.) joins 'Squawk Box' to discuss interest rates and the fate of Fed Chair Jerome Powell.
Breakdown
- Mike Johnson expresses uncertainty about Jerome Powell's future as Fed Chair.
- Johnson states his opinion that interest rates should be reduced. 29s
- He highlights challenges in the housing market due to high interest rates. 1m 17s
- Johnson suggests a meaningful, not drastic, reduction in rates could benefit the economy. 1m 37s