Fed expected to cut interest rates
The Federal Reserve is expected to cut interest rates on Wednesday by a quarter point. Kristin Myers, ETF editor in chief for Asset TV, joins with more.
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The Federal Reserve is expected to cut interest rates on Wednesday by a quarter point. Kristin Myers, ETF editor in chief for Asset TV, joins with more.
Concerns about a weakening labor market may outweigh worries about rising inflation, tipping the Fed toward another rate cut, economists say.
The Federal Reserve is expected to announce an interest rate cut decision during its meeting on Wednesday. CBS News MoneyWatch correspondent Kelly O'Grady has more details.
A key inflation report compiled before the start of the government shutdown showed that prices continued to climb last month as consumer confidence fell. CBS News MoneyWatch correspondent Kelly O'Grady has more.
The first significant report on the U.S. economy since the government shutdown shows inflation edged up slightly in September. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the stock market reaction.
Jerome Powell said the labor market's outlook hasn't changed much since the central bank's September meeting, when it penciled in two more rate cuts this year.
The Dow Jones closed down on Friday after President Trump threatened new tariffs on China. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
The Supreme Court began a new term on Monday, with presidential powers looming large on the docket. CBS News chief legal correspondent Jan Crawford joins to preview the key cases the justices will hear.
The Supreme Court has added another blockbuster case to its new term of cases. The court announced it would hear whether President Trump can legally fire Federal Reserve Governor Lisa Cook. Jessica Levinson has more.
The U.S. government has just hours before it runs out of funding and shuts down. While down-to-the-wire government funding negotiations are not unusual, an actual shutdown is less common. CBS News explores the history, Kelly O'Grady has the economic impact and Kris Van Cleave reports on the travel implications.
In a recent survey of U.S. chief executives, 80% said in pressuring the Fed to cut rates, President Trump is not acting in America's long-term interest. "CBS Evening News" co-anchor John Dickerson explains.
The Federal Reserve's first interest rate cut since December could be followed by more reductions later in 2025. Here's what to know.
The Trump administration has asked the Supreme Court to allow the president to fire Lisa Cook from the Federal Reserve Board of Governors. CBS News' Kelly O'Grady reports.
The Federal Reserve's latest decision to implement a cut to its benchmark interest rate comes after lagging job growth. Allie Kelly, a reporter for Business Insider, joins CBS News with more on the impact on America's economy.
The Federal Reserve cut its benchmark interest rate by 0.25 percentage points on Wednesday. It's the first rate cut this year. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what it means and what to expect next.
The Federal Reserve cut rates for the first time in nine months Wednesday by a quarter point. The decision came as recent employment data showed the U.S. job market might be losing steam. Fed Chair Jerome Powell said there could be even more rate cuts coming later this year. CBS News senior business and technology correspondent Jo Ling Kent reports.
The Federal Reserve lowered interest rates by 0.25 percentage points on Wednesday, marking the first cut of 2025. CBS News senior business and technology correspondent Jo Ling Kent has the details.
The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.
The Federal Reserve announced it's lowering its benchmark interest rate by 0.25 percentage points. It's the first rate cut since December. CBS News' Kelly O'Grady
The Federal Reserve announced that it lowered interest rates by 0.25 percentage points, its first rate cut since December 2024. CBS News MoneyWatch correspondent Kelly O'Grady and White House correspondent Ed O'Keefe have more.
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to break down the Federal Reserve's upcoming decision Wednesday on interest rates. The Fed is expected to cut rates for the first time this year. The decision impacts everything from credit cards to savings rates.
With the U.S. economy facing headwinds, the Federal Reserve faces pressure to trim interest rates this week for the first time since December 2024.
The Federal Reserve is expected to lower interest rates, and decisions that shape household budgets will be explained in woolly-mouthed Fed speak. "CBS Evening News" co-anchor John Dickerson explains.
The Federal Reserve's upcoming rate decision is shaping up to be its most consequential of the year, with most economists predicting the first cut of 2025. Kelly O'Grady has more.
A Federal Reserve decision on U.S. interest rates is set to come on Wednesday afternoon. Officials are largely expected to lower rates for the first time in 2025. CBS News MoneyWatch correspondent Kelly O'Grady explains why.
In an interview with CBS News' Norah O'Donnell on Monday, Iran's exiled Crown Prince Reza Pahlavi said, "We need action to be taken."
President Trump has been briefed on a wide array of military and covert tools that can be used against Iran that go well beyond conventional airstrikes, including cyber operations and psychological campaigns, Pentagon officials said.
President Trump's remarks about taking Greenland by military force have prompted bipartisan criticism from lawmakers who have said they do not support acquiring the Danish territory in such a way.
President Trump said Monday he's imposing 25% tariffs on all countries that do business with Iran, as the administration pressures the Iranian government amid anti-regime protests.
Lindsey Halligan's deputy in the U.S. attorney's office in the Eastern District of Virginia, Robert McBride, was fired after refusing to lead the prosecution of James Comey, a source said.
The state of Minnesota, along with the cities of Minneapolis and St. Paul, are suing Department of Homeland Security Secretary Kristi Noem and other federal officials in an effort to stop the surge of federal law enforcement officials coming into the state.
"We have rights. Fundamental rights," Polis said. "When you're minding your business and doing your own thing, really, the government shouldn't interfere."
Democratic Sen. Mark Kelly filed a lawsuit against Defense Secretary Pete Hegseth seeking to block the Pentagon's efforts to downgrade his retirement rank and pay.
Sen. Elizabeth Warren, a progressive Democrat from Massachusetts, said she told President Trump Congress could cap credit card rates if he pushes for it.