Latest Moneywatch headlines

Fed downplays Q1 weakness; Japan wants smaller Pacific trade pact; and American Airlines plans to cut legroom. These headlines and more from CBS MoneyWatch.

• May 4, 2017
• 1:11

Ben Bernanke interview

Former Federal Reserve chairman Ben Bernanke joins CBSN to discuss the government spending bill and President Trump's challenges with economic growth.

• May 2, 2017
• 6:02

Fed Hikes Interest Rates

The Federal Reserve raised interest rates, which could affect mortgage rates and credit card payments. Yahoo finance markets reporter Myles Udland joins CBSN to discuss.

• Mar 15, 2017
• 4:35

Interest rate hike

The Federal Reserve has raised its benchmark interest rate from 0.75 percent to 1 percent. Scott Gamm, correspondent for TheStreet TV, joins CBSN to discuss how this will affect the economy.

• Mar 15, 2017
• 4:23

Fed calls inflation "transitory," holds interest rates steady

Signs of economic growth are stoking fears of price hikes, but Fed policymakers say any inflation will be short-lived.

• Apr 28, 2021

Interest-rate hike?

In a much anticipated speech Friday at the Central Bank's annual Jackson Hole Summit, Federal Reserve Chair Janet Yellen expressed optimism about the U.S. economy. Most experts expect the Central Bank will raise its historic low interest rate before the end of the year. Financial expert Vera Gibbons, senior consumer analyst with GasBuddy.com, joins "CBS This Morning" to discuss the "ambiguity" of a possible interest-rate hike and factors to watch for, including the upcoming August jobs report.

• Aug 27, 2016
• 2:56

Fed sees economy grow

A new Federal Reserve survey finds modest economic growth in most parts of the U.S.; Amazon says Prime Day was its biggest sales-volume day ever; and Forbes says Dallas Cowboys are worth $4 billion. These headlines and more from CBS MoneyWatch.

• Jul 14, 2016
• 1:18

Federal Reserve Chair Janet Yellen testifies before a Senate committee on the state of the U.S. economy; nearly 30 percent of Americans lack any emergency savings; and a consumer index says Chick-fil-A is America's favorite fast-food chain

Federal Reserve Chair Janet Yellen testifies before a Senate committee on the state of the U.S. economy; nearly 30 percent of Americans lack any emergency savings; and a consumer index says Chick-fil-A is America's favorite fast-food chain. These headlines and more from CBS MoneyWatch.

• Jun 21, 2016
• 1:07

As expected, the Federal Reserve made no change to its policy, but in a shift, the central bank lowered its projections of how much it expects to raise short-term interest rates in the coming years

As expected, the Federal Reserve made no change to its policy, but in a shift, the central bank lowered its projections of how much it expects to raise short-term interest rates in the coming years. That's good news for borrowers but bad for savers, who continue to struggle to earn more with their nest eggs. Jill Schlesinger reports.

• Jun 18, 2016
• 1:30

Chairman of the Federal Reserve, Whistleblower, The Reckoning

Federal Reserve Chairman Jerome Powell on the coronavirus-ravaged economy; Then, The government whistleblower who says the Trump administration's coronavirus response has cost lives; And, What will be the long-term effects of the coronavirus pandemic?

• May 17, 2020
• 43:59

Bipartisan meeting set on infrastructure plan

President Biden and Vice President Harris are expected to meet with a small group of bipartisan lawmakers Monday at the White House to discuss the $2.3 trillion infrastructure proposal. Republicans have raised concerns over the size and cost of the package, while some Democrats say it needs to be even bigger. CBS News chief White House correspondent Nancy Cordes joins CBSN AM with the latest.

• Apr 12, 2021
• 7:23

Fed Chair on money market funds

Jerome Powell said money market funds need to be "resilient enough" to handle future liquidity shocks, and without federal assistance.

• Apr 11, 2021
• 1:48

Fed Chair Jerome Powell: America is going back to work

Federal Reserve Chairman Jerome Powell gives his thoughts on how the economy is rebounding from the COVID-19 pandemic. Scott Pelley reports.

• Apr 12, 2021

Fed Chair on federal budget

When asked if continued spending on infrastructure and COVID-19 relief could set off inflation, Jerome Powell said he doesn't "see that now" and the economy needs to fully recover before spending levels "return to a sustainable path."

• Apr 11, 2021
• 1:57

Fed Chair on Archegos collapse

The Chairman of the Federal Reserve said the fallout from the collapse of Archegos Capital, its investments included ViacomCBS, was the result of a "risk management breakdown" and the Fed will take a closer look "to make sure it never happens again."

• Apr 11, 2021
• 2:38

Fed Chair on U.S. digital dollar

Jerome Powell said a potential U.S. digital dollar is being evaluated by the Federal Reserve, and it would require careful consideration before being introduced. When asked if the rise of cryptocurrencies was a motivation, he said they are not "concerning at this point."

• Apr 11, 2021
• 3:11

Fed discussed how bad it would get

With COVID-19 wreaking havoc on the U.S. economy a year ago, Jerome Powell and his advisors at the Fed considered the possibility of a Great Depression scenario.

• Apr 11, 2021
• 1:47

Jerome Powell: Full 2021 60 Minutes interview transcript

The complete text of Scott Pelley's interview with the Federal Reserve chairman.

• Apr 11, 2021

Fed Chair Jerome Powell on Archegos collapse

In a conversation with Scott Pelley about the economic outlook, Powell also commented on the fallout from the Archegos Capital collapse, last year's bailout of money market funds, and the potential development of a U.S. digital dollar.

• Apr 11, 2021

Jerome Powell: The 2021 60 Minutes Interview

Federal Reserve Chairman Jerome Powell gives his thoughts on how the economy is rebounding from the COVID-19 pandemic. Scott Pelley reports.

• Apr 11, 2021
• 13:01

The Federal Reserve raises short-term interest rates, California unveils a proposal to regulate self-driving cars and more

The Federal Reserve raises short-term interest rates, California unveils a proposal to regulate self-driving cars and more. CBS News MoneyWatch's Jill Wagner has today's CBSN business headlines.

• Dec 17, 2015
• 1:16

A milestone was reached Wednesday in the recovery from the Great Recession -- the Federal Reserve raised a key interest rate a quarter of a percent

A milestone was reached Wednesday in the recovery from the Great Recession -- the Federal Reserve raised a key interest rate a quarter of a percent. It was the first raise since 2006. Anthony Mason has more.

• Dec 16, 2015
• 2:05

For the first time since 2006, the Federal Reserve has raised interest rates by a quarter of a percent

For the first time since 2006, the Federal Reserve has raised interest rates by a quarter of a percent. Absolute Capital Return's Senior Editor Hilary Kramer and Belpointe Asset Management's chief strategist David Nelson broke down what this would mean for the market and for lenders.

• Dec 16, 2015
• 14:10

The central bank projects a series of increases over the next three years to over three percent in 2018

Global financial markets are bracing for the first Federal Reserve rate hike in nearly a decade. The Fed is expected to lift short-term interest rates to a range of between 0.25 and 0.5 percent. The central bank projects a series of increases over the next three years to over three percent in 2018. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss its impact on the economy.

• Dec 16, 2015
• 2:12

The Federal Reserve is expected to raise interest rates by a quarter point, the first rate raise in more than nine years

The Federal Reserve is expected to raise interest rates by a quarter point, the first rate raise in more than nine years. CBS News business analyst Jill Schlesinger has details.

• Dec 13, 2015
• 1:35

Show More