Fmr. Obama Treasury Official Rattner: February CPI 'Not a Good Thing' for Getting Inflation to Goal, 'What the Fed Really Looks at' 'Is Rising'

On Wednesday's broadcast of MSNBC's "Morning Joe," Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, stated that the core services inflation metric that the Federal Reserve "really looks at" is "rising and that is not a good thing" to getting inflation down to the target level.