MSNBC Morning Joe June 4, 2024 10:50:00
Mortgage rates, which have now reached their highest level from 2008. >> emilie ikeda reporting there. let's bring in former treasury official and "morning joe" economic analyst, steve rattner. good morning, you've called this one, 3/4 of a basis point, and more to come. how long will this go on for the fed? how long will they have to continue to raise rates? >> that's a matter that has to evolve over time. the fed's favorite phrase is to say they're data dependent, meaning they look at each piece of data and evaluate it from there. if you look at where the fed's so called dot plot with their ...