Trump defends Russia diesel deal as prices rise

President Trump on Monday defended his deal with Russia to lift sanctions on its diesel fuel in the hopes of driving prices down. FINTECH TV anchor Kristin Myers joins with analysis.

• Oct 12

Fed watchdog finds no laws broken in $2.5 billion Fed renovation

The Federal Reserve inspector general also did not find fault with features the White House had complained were "ostentatious" and not compliant with the approved plans.

• Sep 30

Trump: Interest rates are "artificially high"

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.

• Sep 17

Farmer unhappy with Trump amid high prices

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.

• Sep 17

Fed raises interest rates amid rising prices

The Federal Reserve raised interest rates for the first time in three years on Wednesday, a sign of concern about rising prices. Meanwhile, the cost of diesel fuel hit a new record on Wednesday, for the eighth day in a row. Nancy Cordes reports on rising prices and Kelly O'Grady has more details on the Fed's decision.

• Sep 16

Examining Fed's reasons for raising rates

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.

• Sep 16

9/16: The Takeout with Major Garrett

Federal Reserve unanimously votes to raise interest rates; President Trump stumping for GOP Senate nominee Michael Whatley in North Carolina.

• Sep 16

Dow tumbles after first rate hike since 2023

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.

• Sep 16

Watch: Fed chair Kevin Warsh takes questions

Federal Reserve chair Kevin Warsh spoke to reporters Wednesday after interest rates were raised by 0.25 percentage points, the first raise since 2023.

• Sep 16

Interest rates raised by 0.25 percentage points

The Federal Reserve voted unanimously Wednesday to raise interest rates by 0.25 percentage points in the first hike since July 2023. CBS News' Kelly O'Grady reports and Jim Baird, CFO for Plante Moran Financial Advisors, joins with analysis.

• Sep 16

Previewing Fed's interest rate decision

The Federal Reserve is expected to raise interest rates for the first time in three years on Wednesday. CBS News business contributor Javier David explains more.

• Sep 16

Ex-Trump adviser gives economy a B grade

As the midterms draw closer, mortgage rates have hit a new high for 2026, and gas prices are above $4 per gallon. Former Trump economic adviser Stephen Moore joins "The Takeout" to assess the state of the U.S. economy.

• Sep 3

Inflation high as Iran war hits 6 months

Federal Reserve Chair Kevin Warsh says the central bank may be forced to act if inflation does not cool. This comes as President Trump's war in Iran crosses the six month mark and his tariff tiff with Canada contributes to higher prices on either side of the border.

• Aug 29

Fed will have "work to do" if inflation doesn't fade, Warsh says

Fed chief Kevin Warsh said in a closely watched speech that inflation remains a concern, while praising the broader U.S. economy.

• Aug 28

Warsh says inflation is still a concern

Federal Reserve chair Kevin Warsh addressed the U.S. inflation, saying it still remains a concern despite measures taken to navigate higher prices. CBS News' Kelly O'Grady reports.

• Aug 28

Inflation is still too high, July data shows

The Federal Reserve may soon consider raising interest rates after new data showed inflation didn't change from June and is higher than expected. CBS News contributor J.D. Durkin has more information.

• Aug 26

A quandary for the Fed: Dealing with hot inflation and cool job growth

A sudden slump in hiring has dramatically changed the outlook for the Federal Reserve's September interest rate decision.

• Aug 7

U.S. economic growth slows down

U.S. economic growth slowed down in the second quarter of 2026. CBS News business analyst Jill Schlesinger weighs in.

• Jul 30

Stocks fall as Fed keeps interest rate steady

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.

• Jul 30

3 Fed members voted to hike interest rates

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.

• Jul 29

Dow closes down over 1,000 points

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.

• Jul 29

Federal Reserve meets over interest rates

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.

• Jul 29

Will the Fed increase interest rates?

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.

• Jul 29

The Federal Reserve meets Wednesday. Could it raise interest rates?

The central bank is widely expected to stand pat on Wednesday, but persistent inflation concerns are reshaping expectations for the rest of 2026.

• Jul 29

Global oil prices hover around $90 per barrel

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.

• Jul 27

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