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How the Fed's rate cut will impact you

The Federal Reserve cut its benchmark interest rate by 0.25 percentage points on Wednesday. It's the first rate cut this year. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what it means and what to expect next.

Sep 18, 2025 (01:39)

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Amanda Rizkalla reads "Hungered" excerpt

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Ashe on 4th album "The Girl of Your Dreams"

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Where to get the latest CBS Mornings Deals

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Tributes pour in for RJ Mitte

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Mark Harmon, Austin Stowell on "NCIS" careers

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Trump rallies raucous Ohio voters

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Tips for booking holiday travel

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New details in ex-cop's murder trial

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Black market weight-loss drug sparks concern

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Storms batter Southern California coast

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Pope Leo set for surgery

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Latest on DHS search of Ilhan Omar's home

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Man falls out of Six Flags ride to his death

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Extended interview: Ashe

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Eye Opener: Man dies at Six Flags in Georgia

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Glioblastoma survivor says "I'm still here"

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Billy Crystal on love and loss

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"Heated Rivalry" creator on new season

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Joe Manganiello on battling mystery illness

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The Iran war's impact on fuel prices

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Latest on deadly strikes on Saudi airport

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Speaker Mike Johnson on midterms

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Extended interview: Billy Crystal

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Pope Leo announces plans for lung surgery

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Plane aborts landing at LAX, avoids tailstrike

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Storms Isaias, Rachel slam both sides of U.S.

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Johnson on staying on as GOP leader

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Trump touts diesel deal with Putin

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Extended interview: Mike Johnson

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Secret Service director on Trump decoy plane

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Pentagon plans to livestream an execution

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How to have a healthier morning routine

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Exclusive look at train cargo theft crackdown

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Protecting your wallet while online shopping

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Questions over teen's hit-and-run death

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Guilfoyle's $100,000 "quid pro quo" scandal

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Man shot by ICE agent in NYC

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Hurricane Isaias hurtles toward Gulf Coast

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Extended interview: Miranda Lambert

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Struggling Wisconsin residents get FEMA aid

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"Eternally Yours" stars on series premiere

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Where to get the latest CBS Mornings Deals

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Ashley McBryde on Dolly Parton, songwriting

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Ben Affleck on "Animals"

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Video shows dog rescuing missing boy

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Trump approves disaster relief for Wisconsin

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History of Russian lab where worker died

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Video shows explosion at U.S. base in Kuwait

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Iowans react to Trump tariffs, Iran war

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Latest on the Cornell investigation

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Christa Pike ordeal sparks pentobarbital fear

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Millions brace for Hurricane Isaias landfall

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CLEAR partners with Veterans Affairs

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"Cupertino" stars on show's premiere

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Mikey Madison on "The Social Reckoning"

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Stock markets hit record high

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Reflecting on 3 years since Oct. 7, 2023

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Christy Carlson Romano on being a child star

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Flu season gets early start

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Deborah Norville on "The Perfect Line"

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Medical bill battles hurt patients

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Couple charged in surrogacy scandal

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Latest on Christa Pike

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Cornell accuser facing death threats

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Oprah reveals her latest book club pick

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LL Cool J and Scott Caan on "NCIS: New York"

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Expert on how to better connect with people

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French students, parents protest over schools

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Trump says Iran can "take out" San Diego, LA

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What to know about plague lab worker's death

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Tips for talking to your kid about consent

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Making the most of holiday shopping

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Protests break out on Cornell campus

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Harlan Coben on new season of "Final Twist"

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Where to get the latest CBS Mornings Deals

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More details emerge on FlyDubai ordeal

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Alito on abortion case, Trump's criticisms

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Howie Mandel opens up about OCD's impact

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Latest on botched execution in Tennessee

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Michael Lewis on DOGE, AI and more

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Cornell crime log reveals Chi Phi drug arrest

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Court tosses sentence over AI video statement

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Pentagon pulls all bombers from U.K. air base

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Why Trump is campaigning in red states

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Extended interview: Alice Cooper

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Mercor CEO on the evolution of human work

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Cornell student, mom on rape investigation

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Anne Hathaway on Colleen Hoover's "Verity"

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Questions emerge after botched execution

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Rick Devens on his "Big Brother" victory

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Homan responds to Renee Good lawsuit

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Roads submerged as floods sweep Texas

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FlyDubai captain speaks out

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Man trapped under rock uses Siri for help

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Astronaut will miss birth of child

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"East of Eden" creator on new show

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Trump to campaign for Ken Paxton

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Where to get the latest CBS Mornings Deals

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Disturbing details from Cornell victim

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Tips for men on taking on mental load at home

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Historian breaks down Middle East conflict

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Dr. Elizabeth Comen on new breast cancer tech

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Details on botched Tennessee execution

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FlyDubai passenger details what he witnessed

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Debris flies around Kansas amid severe storms

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Witness recounts midair cockpit chaos

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Latest details on the FlyDubai midair scare

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Between Us: Julie Chen Moonves & Phil Keoghan

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Reality hosts on long-lasting shows, careers

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Where to get the latest CBS Mornings Deals

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The Dogist announces cutest rescue dogs

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Tips for dealing with fall allergies

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GOP senator confuses sports teams during Jack Smith testimony

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Shocking revelation by Cornell rape case DA

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Heavy rains drown Southwest, cause major flooding

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Author John Grisham on "The French Illusion"

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Tips to save as holiday travel costs soar

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Details on alleged U.K. terror plot

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Senate approves sweeping college sports bill

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Latest on the NYT executive killed

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Where to get the latest CBS Mornings Deals

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Charles Spencer on new book, Diana's death

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Fetterman weighs break from Democrats

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Latest on arrests near U.K. air base

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Millions under flood threat after nor'easter

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OpenAI hack raises more security concerns

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Where to get the latest CBS Mornings Deals

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"American Idol" alum's ex-mistress testifies

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Pro-Trump "Love Me" ad sparks controversy

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Hurricane Nolo heads toward Hawaii

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Where to get the latest CBS Mornings Deals

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Police accused of misusing Flock cameras

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OpenAI agent hacked Australian website

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Trump's press ban temporarily blocked

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"Lioness" star Michael Kelly on season finale

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Where to get the latest CBS Mornings Deals

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Zibby Owens on living "between chapters"

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Tips for taking care of your life insurance

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Dolly Parton's estate in feud with her nephew

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Breaking down cost of Trump's Afrikaner plan

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Latest on Ole Miss student deaths

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GOP senators push for Trump Jr. investigation

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Key takeaways from Trump's day at the U.N.

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Judge Judy reflects on 30-year career

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Grandmaster Flash talks new book on hip-hop

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Where to get the latest CBS Mornings Deals

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The dark side of online betting

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What to expect from Trump's U.N. speech

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Latest on the Austin ICE shooting

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Northeast flight schedules return to normal

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Latest on Nolan Wells' investigation

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Dana Bash talks Trump press ban, new book

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Clancy's lawyer questions holdout juror

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Details emerge on Presley Gerber's death

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Key facts on Paramount Skydance settlement

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JB Pritzker on GLP-1 weight loss journey

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Where to get the latest CBS Mornings Deals

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Bill Gates on new AI coalition, tech safety

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"Survivor" host Jeff Probst on 51st season

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Ed Sheeran does first concert since backlash

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News outlets to sue White House over ban

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Criminologists on Patrick Clancy interview

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Princess Diana's brother reveals more details

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Rancher says data centers threaten livelihood

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Ross Douthat on Patrick Clancy interview

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Trump announces Greenland security deal

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Inside a U.S. aircraft carrier amid Iran war

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NYPD prepares for U.N. General Assembly

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Trump bans CNN, MS NOW, Politico

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Doctor debunks anti-vaccine claims

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Florida parents sue clinic after IVF mix-up

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Conjoined twins separated in risky surgery

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F-16 pilot's narrow escape before fiery crash

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