Steve Rattner digs into reasons why Fed leaves interest rates unchanged

FOR THE FIRST TIME SINCE JULY, THE TWO FED GOVERNORS APPOINTED BY PRESIDENT TRUMP DISAGREED WITH THE MOVE MIRRORING TRUMP'S CALL TO LOWER RATES IN THEIR DECENT. LET'S BRING IN FORMER TREASURY OFFICIAL AND MORNING JOE ECONOMIC ANALYST STEVE RATNER WHO HAS CHARTS ON YESTERDAY'S FED DECISION. FIRST UP, EXPLAIN THE PAUSE, THANK YOU VERY MUCH FOR JOINING US, STEVE.YEAH, AS YOU SAID MECA, THE FED HAS BEEN REDUCING RATES PRETTY STUDILY SINCE JULY WHEN THEY PEAKED AT ABOUT ALMOST 5 .5 % AND THEY'VE GONE DOWN, DOWN, ...