Steven Rattner on the US Jobs Market and the Fed

We start with the jobs market, where soft data are holding the Federal Reserve back from cutting rates more and cutting them faster. Steve Rattner is chair and CEO of Willett Advisors, which manages the personal and philanthropic money of Michael Bloomberg, our founder and majority shareholder. Steve has been watching the US economy closely as an investor and gave us his outlook.Steve, the labor market is really top and center. We got a prior problem before we get to the state of the labor union, which is w ...