
Federal Reserve shows no sign of cutting interest rates
Despite the president's demands that rates should be lower, the central bank continues to stress "patience"
Watch CBS News
Despite the president's demands that rates should be lower, the central bank continues to stress "patience"
Trump has been urging the Fed to lower rates in order to boost the economy
The president wants it to add some juice to the U.S. economy, but with growth in a "sweet spot," that's not likely
Donald Trump's pick for the Fed's seven-member board owes the money after wrongly claiming a deduction
Stephen Moore served as an economic adviser on President Trump's 2016 campaign and helped to craft his tax cut plan
Central bank stands pat on interest rates and signals there may be no more hikes in 2019
The chair of the Federal Reserve discusses the impact of low mobility and the "legacy of slavery" — and how the Fed can address it
Jerome Powell tells Scott Pelley if the Fed will raise interest rates again, gives his view on whether or not President Trump can fire him and outlines the current risks to the U.S. economy
"Can the president fire you?" Scott Pelley asked the Fed chair and Trump Twitter target. "No," Jerome Powell answered
After interviewing Fed Chair Jerome Powell, Scott Pelley reflects on his 60 Minutes interview with former Fed Chair Ben Bernanke in 2009
Jerome Powell tells Scott Pelley if the Fed will raise interest rates again, gives his view on whether or not President Trump can fire him and outlines the current risks to the U.S. economy
What is the Federal Reserve Chairman’s view on the health of the U.S. economy? A transcript of Scott Pelley’s interview with Jerome Powell on "60 Minutes"
Correspondent Scott Pelley interviews Powell along with his predecessors Ben Bernanke and Janet Yellen
Federal Reserve Chairman expects economic growth to weaken this year, but says the job market remains strong
Former Fed chief says the president's comments about Jerome Powell "could undermine confidence" in the central bank
After more than a year, the two dined at the White House on Monday, but didn't discuss the future of interest rates
Cain's candidacy imploded after being accused of sexual harassment and a woman alleged a longterm affair
The Federal Reserve chief also says he'll be "patient" with rate hikes while looking at the global economic picture
As volatility soars amid reports that swerve from bearish to bullish, investors can expect more in the months ahead
Central bank chief, joined by Janet Yellen and Ben Bernanke, says monetary policy must remain independent of politics
As market rout deepens, the president is ratcheting up the tension with monetary policymakers
After years of easy money, investors are spooked by rising interest rates and slowing U.S. growth
Stock markets dropped after the Fed predicted economic growth would slow next year. Associated Press writer Josh Boak joins CBSN for more.
In a notable policy shift, the Fed now expects to raise rates more slowly in 2019 amid signs of a cooling economy
The Fed has raised interest rates four times this year, meaning it believes the economy is still growing rapidly despite stock market turmoil. However, the central bank plans to raise rates more slowly in 2019.
The government shutdown entered its 11th day Saturday as Republicans and Democrats remain at an impasse over a spending plan.
Diane Keaton had a decades-long career with performances in 1977's "Annie Hall," the "The Godfather" films, and many more.
The ceasefire between Israel and Hamas continues to hold as aid begins to flow into the Gaza Strip.
Former President Joe Biden is undergoing radiation therapy and hormone treatment amid his ongoing treatment for prostate cancer, a spokesperson said.
The Defense Department announced earlier this week that about 200 National Guard soldiers from Texas and another 300 from Illinois were federalized and sent to the Chicago area.
Humphreys County Sheriff Chris Davis confirmed 16 victims in the blast at a news conference on Saturday night.
Two people onboard the helicopter and three people on the street were hospitalized for injuries suffered in the crash.
The Ukrainian leader wrote in a social media post that if a war can be stopped in one region, "surely other wars can be stopped as well."
Alison Davis says she woke up to find her husband, Kevin Davis, face down in a pool of blood inside their New Haven, Indiana, home. She says he fell down the stairs. But after an autopsy report, police came to a different conclusion.