Steve Rattner: Fed signals further rate cuts next year likely to be modest

Our rate should be the lowest rates in the world because all these countries that you see, you know, with low rates, many of them are low because of us because they suck so much money out of us. But that's not happening anymore. We should have the lowest rates in the world.And without us, none of them really exist as an economy. >> It's President Trump speaking yesterday after the Federal Reserve reduced interest rates by a quarter of a percentage point, the Fed's third cut in a row. Joining us now with cha ...