Trump says he "made" Fed Chair Powell and would trade him for Europe's Draghi
The president says "nobody ever heard of" Powell before Trump named him to run the Fed
Watch CBS News
The president says "nobody ever heard of" Powell before Trump named him to run the Fed
Central bank officials say the economic outlook is increasingly uncertain -- and signal their readiness to cut rates
Investors took the central bank's decision and revised outlook in stride, without reacting extremely one way or the other
An interest rate cut today isn't likely, but a pivot from keeping them steady may emerge, with a reduction coming soon
Investors increasingly expect the central bank to cut interest rates for the first time since 2008
Again bashing the Fed, the president groused that the central bank's top policymakers are "not my people"
Central bank would lower rates if trade feud with China and Mexico put drag on U.S. growth, Fed Chair Powell suggests
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
After interviewing Fed Chair Jerome Powell, Scott Pelley reflects on his 60 Minutes interview with former Fed Chair Ben Bernanke in 2009
The chair of the Federal Reserve discusses the impact of low mobility and the "legacy of slavery" — and how the Fed can address it
Although the U.S. economic tide continues to rise, Fed data show that millions of Americans are barely treading water
Despite the president's demands that rates should be lower, the central bank continues to stress "patience"
It was unclear if the controversial economist had enough support in the Senate
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
"My friend Herman Cain, a truly wonderful man, has asked me not to nominate him for a seat on the Federal Reserve Board," the president tweeted
Cain, a former CEO of Godfather's Pizza, sought the GOP presidential nomination in 2012
President Trump's choice for a Fed board position was found in contempt in 2012 for failing to pay $300,000
Stephen Moore served as an economic adviser on President Trump's 2016 campaign and helped to craft his tax cut plan
With the Fed taking further rate hikes off the table for a while, borrowers, homebuyers and investors stand to gain
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