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Howard Lutnick: “It's ridiculous that we're in the fours and everyone else in…”

Featuring: Howard Lutnick, Secretary of Commerce | National

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Watch CNBC's full interview with U.S. Secretary of Commerce Howard Lutnick

Published | Video Starts at 13:15

That's just not true. Donald Trump understands if there's not inflation, we, the greatest economy in the world doesn't have to have the highest interest rates in the world. It's ridiculous that we're in the fours and everyone else in the world is in the twos. Do you have a preference on who the, the next chair of the Federal reserve will be? Mr. Secretary? You know, my, my favorite part of this job is in the hands of Donald Trump. (13:15–13:21)

CLAIM

Asserts that U.S. interest rates are higher than those in other parts of the world.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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