Trump wants the Fed to cut rates. Indications are that Jerome Powell won't.

Name: Trump wants the Fed to cut rates. Indications are that Jerome Powell won't.
Uploaded: 2025-05-07T09:59:00-0500
Duration: 2 min 4 s
Description: The Federal Reserve is expected to hold its benchmark rate steady at its May 7 meeting. CBS News financial analyst Jill Schlesinger talks more about how those rates affect borrowers versus savers.

The Federal Reserve is expected to hold its benchmark rate steady at its May 7 meeting. CBS News financial analyst Jill Schlesinger talks more about how those rates affect borrowers versus savers.