Cantor’s CEO Howard Lutnick Discusses Outlook on Fed Rate Cut for September

Wednesday, 1 May 2024, 21:44

In a recent interview, Cantor’s CEO Howard Lutnick expressed optimism about the Federal Reserve's potential rate cut in September. Lutnick highlighted concerns about a significant portion of maturing commercial real-estate loans being underwater. Despite this, he believes the Fed will 'show off' with a rate cut to support the economy.
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Cantor’s CEO Howard Lutnick Discusses Outlook on Fed Rate Cut for September

Howard Lutnick's Take on Fed Rate Cut

In a recent interview, Cantor's CEO Howard Lutnick discussed the possibility of a rate cut in September by the Federal Reserve.

Commercial Real-Estate Loans Concern

Lutnick highlighted that a third of maturing commercial real-estate loans are 'totally underwater,' indicating potential challenges in the sector.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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