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Fed indicates pause after latest rate hike

Stocks fell Wednesday after the Federal Reserve raised U.S. interest rates by a quarter of a percentage point. Wall Street Journal economics reporter Harriet Torry spoke with CBS News about how the increase impacts investors and consumers.

May 3, 2023 (04:22)

Kingfish plays "Voodoo Charm"

Kingfish plays "Voodoo Charm"

Kingfish plays "Bad Like Me"

Kingfish plays "Bad Like Me"

Kingfish plays "Nothin' But Your Love"

Kingfish plays "Nothin' But Your Love"

What happened to Amelia Earhart?

What happened to Amelia Earhart?

The Dish: Restaurateur Kevin Boehm

The Dish: Restaurateur Kevin Boehm

Where to get the latest CBS Mornings Deals

Where to get the latest CBS Mornings Deals

Latest details of ICE shooting in NYC

Latest details of ICE shooting in NYC

Trump touts diesel deal with Putin

Trump touts diesel deal with Putin

Isaias drenches the Gulf Coast

Isaias drenches the Gulf Coast

Eye Opener: Isaias hammers the Gulf Coast

Eye Opener: Isaias hammers the Gulf Coast

Axios: AI leaders planning "day after" scenarios

Axios: AI leaders planning "day after" scenarios

Delta slashes 2026 profit outlook

Delta slashes 2026 profit outlook

Fort Hood gunman execution to be livestreamed

Fort Hood gunman execution to be livestreamed

Secret Service director on new threats

Secret Service director on new threats

Alabama emergency management director on Isaias

Alabama emergency management director on Isaias

How specialists are finding lost pets

How specialists are finding lost pets

Virginia police rescues man amid house fire

Virginia police rescues man amid house fire

NFL legend Mike Ditka dies at 86

NFL legend Mike Ditka dies at 86

"Backlash over Hasan's public execution plan

"Backlash over Hasan's public execution plan

Trump launches new probe into Fed's Lisa Cook

Trump launches new probe into Fed's Lisa Cook

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