CPI rose in December, complicating the Fed's upcoming rate cut decision
What impact will Trump's second term have on the economy? What impact will Trump's second term have on the economy? 02:47 Inflation rose 2.9% on an annual basis in December,…
Dow falls after Powell's comments on rate cuts
Dow falls after Powell's comments on rate cuts - CBS News Watch CBS News The Dow Jones Industrial Average fell more than 1,100 points Wednesday. Earlier in the day, the…
Here's what to expect as the Federal Reserve is expected to cut another rate
Here's what to know as the Federal Reserve is expected to cut another rate - CBS News Watch CBS News CBS News business analyst Jill Schlesinger speaks with "CBS Mornings"…
The Federal Reserve is expected to cut interest rates for the third consecutive time this week. Here's what to know.
The Federal Reserve will make its final interest rate decision for 2024 on Wednesday, capping a year during which the central bank provided some financial relief to inflation-weary borrowers in…
Inflation has increased for the first time since March
Inflation rises for the first time since March - CBS News Watch CBS News The Consumer Price Index in October rose 2.6% year-over-year, the Labor Department reported Wednesday, a higher…
The Federal Reserve cuts interest rates by another quarter point
The Federal Reserve cuts interest rates for another quarter - CBS News Watch CBS News The Federal Reserve on Thursday lowered its benchmark borrowing rate by 0.25 percentage points. Kelly…
Fed Chairman Jerome Powell says he will not resign if Donald Trump asks him to step down
Federal Reserve cuts interest rates Federal Reserve cuts interest rates for the second time in 2024 05:31 Federal Reserve Chairman Jerome Powell said he would not step down if President-elect…
5 ways Trump's next presidency could impact the US economy – and your money
newly elected President Donald Trump Victory in the November 5 elections It highlights the frustration of millions of voters, including many Americans voting On Tuesday that they are still suffering…
The Federal Reserve is planning a rate cut on Thursday. This is the effect on your money.
The Federal Reserve is expected to cut interest rates for the second time this year on Thursday, a decision that comes less than two months after a surprisingly steep cut…