welcome back to morning joe. it is 6:00 a.m. on the west coast and 9 a.m. here in washington, d.c. we have breaking news on the economy. it is bad news for consumers, it is bad news for working-class americans. it is bad news for middle-class americans. it is bad news for people invested in the stock market. it is bad news if you have retirement accounts because they will be going down. but it is good news if you re a republican running for office in four weeks. the year-over-year inflation rate barely slowed last month from 8.3% in august to 8.2% in september, the last report before november s midterm elections and the last report. a key federal reserve meeting early next month on how much they re going to raise interest rates. let s bring in cnbc s dom chu. dom, wall street s going to be partying like it s 1981, which means they re not going to be partying. going to be ugly out there. take us through it all. all right. so, joe, mika, to your point here, there s no easy
wanted a pony. ainsley: $15. the most expensive sport isn t it equestrian? steve: it is but you don t think about that when you are 7. ainsley: right. steve: welcome to hour two. we have a lot of news. and a lot of news broke at 10:30 in the east coast. ainsley: the polls were coming in, numbers were coming. in senator rafael warnock keeps his seat defeating walker in the run off election. steve: speech state in the race he won by 3 points almost. brian: connell mcshane from atlanta. good morning, brian. good morning from polk county, georgia which is where the city of atlanta was located. real there city and suburbs that surround it that was the key to victory for senator warnock last night. supporters coming out in a big way four points better than its margin in the race a month ago. similar in the surrounding counties. you look at those numbers you had up in the race overall. and it was close. what stands out is the turnout was very large for a runoff
to look any more at how they just stay above the water economically. mm-hmm. yep. this breaking news, the devil went down to georgia, and his name is john hyland, and he s with us again here. a great song, by the way. maybe it s just the red neck in me. i love it. sure. but you were the first to send me a couple days ago the herschel walker, i want to impregnate cows video, talking about the bull story. fascinating. i m sure tom cotton was glad he was in the background on that. you re still in georgia. you saw senator warnock last night. tell me, how is that race breaking on the ground right now? i sent it to you because i was there. i was standing ten feet from herschel walker when he told that inspiring story about the