CNBC Host Shoots Down Speaker Johnson's Calls For Interest Rates To Be Lowered

Trump lickspittle House Speaker Mike Johnson's flawed logic on why Fed Chair Jerome Powell should lower interest rates was even too much for the Trump lickspittle interviewing him... CNBC's Joe Kernan.

Kernan should have told Johnson that the economy is not "hot" and brought up Trump's inflationary, illegal, on-again, off-again tariffs, but he did at least attempt to knock down Johnson's flawed logic on why the Fed Chair should lower interest rates right now when Kernan asked him whether he thought Trump should try to fire Powell.

‘There Will Be Inflation, Mr. Speaker’: CNBC Hosts Warn Mike Johnson What Will Happen if Rates Are Cut in ‘Hot’ Economy:

“Mr. Speaker, do you think that Jay Powell is going to be around until May?” host Joe Kernen asked Johnson. “Do you think he should be around in May?”

Johnson responded by saying he had no idea and repeated Trump’s call for lower interest rates. In response, Kernen and co-host Melissa Lee explained that cutting rates would likely lead to inflation and an economy that’s “too hot”:

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