Impacts of the Fed interest rate cut
The Federal Reserve cut its benchmark interest rate by 0.25 percentage points on Wednesday for the second time this year. CBS News MoneyWatch correspondent Kelly O'Grady explains what that means for consumers.
Federal Reserve
What the Fed's rate cut means for your wallet
The Federal Reserve has lowered interest rates for the second time in a row. The Fed announced a quarter of a percentage point rate cut, which falls in line with what economists expected. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Why the Fed cut interest rates again
The Federal Reserve on Wednesday cut interest rates for the second consecutive time despite inflation remaining above its target rate. CBS News MoneyWatch correspondent Kelly O'Grady explains why.
Powell suggests Fed may not make December cut
The Dow Jones dipped on Wednesday after Federal Reserve Chair Jerome Powell suggested the central bank may not cut interest rates again in 2025. CBS News MoneyWatch correspondent Kelly O'Grady has more.
The Fed cuts rates by 0.25 percentage points amid a weaker labor market
The Fed on Wednesday announced its second interest-rate cut of 2025, reducing borrowing costs in a move to spur U.S. hiring.
Fed announces another interest rate cut
The Federal Reserve announced Wednesday that it will lower its benchmark interest rate by 0.25 percentage points in its second straight cut. CBS News MoneyWatch correspondent Kelly O'Grady has more.
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.
Here's what to expect from the Fed's interest rate meeting today
Concerns about a weakening labor market may outweigh worries about rising inflation, tipping the Fed toward another rate cut, economists say.
Federal Reserve likely to cut interest rates
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.
Inflation moving away from Fed's target
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.
Investors celebrate September inflation data
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.
Fed Chair Jerome Powell says a hiring slowdown poses U.S. economic risks
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.
Market sell-off amid U.S.-China trade tensions
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.
Major cases of the new Supreme Court term
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.
Supreme Court to weigh firing of Lisa Cook
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.
History and impact of government shutdowns
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.
Reporter's Notebook: Protecting Fed's independence
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.
Here are the 3 biggest ways the Fed's rate cut could impact your money
The Federal Reserve's first interest rate cut since December could be followed by more reductions later in 2025. Here's what to know.
Trump asks Supreme Court to allow Cook firing
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.
How the interest rate impacts Americans
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.
How the Fed's rate cut will impact you
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.
How significant is the Fed's latest rate cut?
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.
Fed signals two more rate cuts in 2025
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.
Fed lowers interest rates by 0.25 percentage points in first cut since 2024
The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.
Fed cuts rates for first time in 9 months
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
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