On MSNBC’s Morning Joe today, Steve Rattner explained the Fed’s latest decision – and where things stand in the central bank’s uphill battle against inflation. The Federal Reserve announced its fourth consecutive 75-basis-point interest rate increase on Wednesday as part … Continue reading →
On MSNBC’s Morning Joe today, Steve Rattner broke down the markets’ view of the tightening race for control of Congress. Here are three supporting charts: With Election Day exactly two weeks away, polls are shifting in worrisome ways for Democrats and … Continue reading →
On Morning Joe today, Steven Rattner explained the macroeconomic context of the UK’s current turmoil. Below are three supporting charts: With the pageantry and tradition of the passing of Queen Elizabeth in the rear view mirror, the United Kingdom is … Continue reading →
The Labor Department reported Friday that the Great American Jobs Machine grinds on – but paradoxically, that’s not good news for markets. And Americans continue to return to work slowly while inflation outpaces wage growth. The nation added 263,000 jobs … Continue reading →
On Morning Joe today, Steven Rattner discussed the latest figures on the national debt, which just crossed the $31 trillion mark. Below are four supporting charts: In the first 200 years of our nation’s existence, we accumulated $4 trillion of … Continue reading →
On MSNBC’s Morning Joe today, in the context of the Federal Reserve’s latest interest rate increase, Steven Rattner charted the central bank’s latest economic projections, noting that as interest rates head higher to confront stubborn inflation, the likelihood of an … Continue reading →
On MSNBC’s Morning Joe today, Steven Rattner charted August’s disappointing inflation report, one that rattled markets and placed greater pressure on the Federal Reserve to hike interest rates more aggressively next week. The August Consumer Price Index results that were … Continue reading →
On MSNBC’s Morning Joe today, Steven Rattner charted recent trends in the job market, taking note of possible causes of America’s labor shortage, which has helped encourage fast wage growth — and inflation. Gasoline prices have fallen sharply, and that’s … Continue reading →
On MSNBC’s Morning Joe today, Steven Rattner charted how cutting back on funding to the Internal Revenue Service led to a diminished workforce and fewer audits of wealthy Americans at the expense of much-needed tax revenue. In the days since … Continue reading →
On MSNBC’s Morning Joe today, Steven Rattner charted July’s CPI report, noting that while some inflationary pressures eased last month, strong price growth continues to hurt workers and consumers. President Biden capped off a good week with an inflation report … Continue reading →
