Impact of the Fed's interest rate increase
CBS News business analyst Jill Schlesinger explains how the Federal Reserve's interest rate hike for the first time since 2023 could impact Americans.
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CBS News business analyst Jill Schlesinger explains how the Federal Reserve's interest rate hike for the first time since 2023 could impact Americans.
CBS News business analyst Jill Schlesinger joins to discuss how the interest rate hike will impact Americans' wallets.
President Trump lashed out at the Federal Reserve after the central bank voted to raise interest rates by 0.25 percentage points. CBS News' Aaron Navarro has more.
The Federal Reserve raised interest rates by 0.25 percentage points, defying President Trump's push to cut them. This comes as the Iran war drives up oil prices and inflation remains high. CBS News' Weijia Jiang reports.
The Federal Reserve raised interest rates by 0.25 percentage points on Wednesday, the first hike since 2023. President Trump slammed the central bank, saying U.S. interest rates should be "1% or less." Weijia Jiang reports.
The Federal Reserve raised interest rates by a quarter of a percentage point. President Trump slammed the decision. CBS News' Aaron Navarro reports, and Fintech.TV anchor Kristin Myers also joins to discuss.
The Fed increased its benchmark rate by 0.25 percentage points to battle resurgent inflation driven by soaring energy prices.
The Federal Reserve changed course and raised interest rates Wednesday for the first time since 2023. The rate hike will be an increase of 0.25 percentage points, bringing its target range to between 3.75% and 4%. Greg Robb, MarketWatch senior reporter and economics editor, joins CBS News with more.
The Federal Reserve on Wednesday raised interest rates by one-quarter of a percentage point in its first rate increase since 2023. CBS News' Kelly O'Grady and Nancy Cordes report.
Federal Reserve unanimously votes to raise interest rates; President Trump stumping for GOP Senate nominee Michael Whatley in North Carolina.
The Dow Jones closed down around 1.2% on Wednesday after the Federal Reserve announced its first interest rate increase since July 2023. CBS News' Kelly O'Grady and Aaron Navarro report.
Stocks stayed in the red on Tuesday ahead of the Federal Reserve's interest rate decision on Wednesday. CBS News contributor Javier David has a preview of the meeting.
The East-West pipeline in Saudi Arabia remains shut after a drone attack last week, a major hit to the supply of oil flowing out of the country. Saudi Arabia blamed the attack on Iranian-backed militias in Iraq. Threadneedle founder Ann Berry joins to discuss.
America's national debt has climbed to $40 trillion after years of borrowing. CBS News chief White House correspondent Nancy Cordes reports on the Trump administration's response.
U.S. economic growth slowed down in the second quarter of 2026. CBS News business analyst Jill Schlesinger weighs in.
Wall Street saw its roughest day of 2026 as Federal Reserve chair Kevin Warsh announced that interest rates would remain the same, despite some dissent within the Federal Open Market Committee. CBS News' Kelly O'Grady explains more.
Investors reacted sharply on Wednesday to the Federal Reserve's decision to leave interest rates unchanged amid persistent inflation and spikes in energy prices. Emily Russell, commentary and policy editor at Barron's, joins with analysis.
The Federal Reserve on Wednesday left its benchmark interest rate unchanged, but the decision was not unanimous: three members voted to raise rates by a quarter of a percentage point. CBS News MoneyWatch correspondent Kelly O'Grady joins with analysis.
Amid energy price spikes caused by the Iran war and persistently high inflation, the Federal Reserve decided on Wednesday to hold interest rates steady for the fifth straight time. CBS News MoneyWatch correspondent Kelly O'Grady reports.
The Federal Reserve has voted to keep interest rates steady at the 3.5% to 3.75% target range despite concerns about inflation and oil prices. The decision was not unanimous. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
The Federal Reserve is set to consider whether to raise interest rates amid stubborn inflation pressures and oil price volatility. CBS News contributor J.D. Durkin has more.
The Federal Reserve is widely expected to leave interest rates unchanged, but some believe inflation warrants a rate hike. CBS News' Kelly O'Grady has more.
Global oil prices are hovering around $90 per barrel as the U.S.-Iran conflict remains volatile. Meanwhile, the Federal Reserve is set to make an interest rate decision on Wednesday. Madison Mills, a senior AI reporter for Axios, joins with more.
The Federal Reserve is set to meet next week amid economic strains from the renewed and ongoing conflict with Iran, including higher oil prices. Ann Berry, the CEO of Threadneedle, joins with more on what to expect.
The Federal Reserve's preferred inflation gauge climbed to 4.1% in May, its highest level in more than three years. Greg Robb, economics editor at MarketWatch, joins with analysis.