Morning Joe Economic Analyst Steve Rattner breaks down the hawkish outcome of Kevin Warsh’s first FOMC meeting.  President Trump wanted a new Fed chairman who would cut interest rates. He does not appear to have gotten his wish. On Wednesday, Kevin Warsh presided over his first meeting as the new chairman of the Federal […]

Morning Joe Economic Analyst Steve Rattner charts the data on declining savings and rising debt.  By now, the impact of inflation and the weak job market on the “affordability” problem has become well known. What’s perhaps less well known is the deterioration of Americans’ savings and obligations to lenders as they try to maintain […]

On MS NOW’s Morning Joe today, Steve Rattner illustrated the unequal experiences of Americans in Trump’s economy.  As data released earlier this week reinforced, American consumers continue to grow ever more concerned about the state of the economy, particularly as the war in Iran drags on with no relief in sight from high energy […]

On MS NOW’s Morning Joe, Steve Rattner unpacks the data behind Trump’s weakening labor market, particularly for blue-collar men and college grads. Poll after poll makes clear that Americans are hugely dissatisfied with the state of the economy. While inflation and affordability generally top the list of grievances, a flagging job market – particularly for […]

On MS NOW’s Morning Joe today, Steven Rattner broke down the disastrous impact of the Republicans’ Obamacare cuts. While Americans’ discontent tends to focus more on inflation, housing and general affordability, health care may also be playing a role in their unhappiness. Last fall, Senate Democrats forced a government shutdown that would become the longest […]