
Powell hints to Congress: No more rate cuts this year
Central bank sees U.S. economy growing at solid pace, although slower growth overseas and trade tensions pose risks
Watch CBS News
Central bank sees U.S. economy growing at solid pace, although slower growth overseas and trade tensions pose risks
U.S. central bank lowers borrowing costs for a third time this year, but signals it's the last cut for some time
Yet the economy grew faster than economists expected, fueled by healthy consumer spending
Financial markets are buoyed by expectations of an interest rate cut this week and hopes for a U.S.-China trade deal
The interest rate at which banks borrow has fallen, but that hasn't curtailed the costs of using store-branded plastic
As the Federal Reserve trims interest rates, here are four ways to maximize the return you get on your savings
Central bank has had to inject $200 billion into the banking system this week alone, though experts say not to worry
Fed shows it's willing to chop rates to ease the effects of U.S. trade wars, and would cut more if tariffs escalate
Trade war jitters, a manufacturing slowdown and other factors point to a second rate cut this year by the Fed
William Dudley, former head of the New York Fed, calls the China trade war a "manufactured disaster-in-the-making"
Federal Reserve Chairman Jerome Powell said interest-rate cuts can't offset the impact of trade tensions
While President Trump blasts Jerome Powell for slowdown, Fed officials put the blame squarely on trade tensions
Although bond investors are increasingly pessimistic about the economy, a major downturn could still be years away
White House's latest China tariff threat intended to scare central bank into more interest-rate cuts, analysts say
Expect relatively quick drops in rates for home-equity loans, credit card rates and, alas, many savings accounts
A quarter of a percentage point drop in a key Fed interest rate comes after years of disappointing economic growth
For most Americans, lower borrowing costs might not help as much as it has in the past -- here's why
The central bank is expected to cut its benchmark short-term rate later today, making the first reduction since 2008
The slowdown in economic growth may increase the likelihood of a rate cut from the Federal Reserve next week
Climate change has the potential to sap the U.S. economy more than tariffs or other man-made threats
On climate change, gold standard, even the president's authority, the Fed chair and the man who appointed him are at odds
The nation's central bank chief threw cold water on the idea that the current job market is the "strongest ever"
Judy Shelton is a fan of a policy abandoned in 1971 and considered a fringe view by mainstream economists
"What if the president calls you and said, 'I'm firing you. Pack up. It's time to go'?" Jerome Powell had an answer
Trump nominee Judy Shelton wants to put the U.S. back on a gold standard --but no other country uses it, Powell noted
Conservative activist Charlie Kirk died Wednesday after he was shot at an event at Utah Valley University. Officials say a suspect is now in custody.
A person has been arrested in connection with the shooting that killed conservative activist Charlie Kirk, sources said.
Responding to President Trump, Poland's leader said, "we would also wish that the drone attack on Poland was a mistake. But it wasn't."
An ICE agent shot and killed a man in Franklin Park, Illinois Friday morning after authorities say he attempted to drive into agents as they tried to make an arrest.
A U.S. Secret Service agent who wrote a negative social media post about Charlie Kirk has been put on leave, U.S. officials said Friday.
Conservative activist Charlie Kirk was shot and killed on Wednesday while speaking an event at Utah Valley University.
The Trump administration's tariffs are slowly rippling through the economy and starting to push up prices for some products, government data shows.
The Justice Department filed a $125 million lawsuit against Uber, alleging the company discriminates against disabled passengers.
Over 300 lawsuits challenging many of Trump's second-term plans have been winding through federal courts, and a handful may be poised for Supreme Court review.