News

Federal Reserve leaves its key rate unchanged; Trump criticizes Powell for not cutting rates
Trump has pointed to the mild inflation figures to argue that the Fed should lower borrowing costs and has repeatedly ...
Federal Reserve holds rates steady, but could cut them later this year
Federal Reserve officials agreed to hold interest rates steady on Wednesday but suggested they could cut them later this year ...
US Federal Reserve keeps interest rates unchanged as it awaits the impacts of Trump's global tariffs
Trump has slammed the US Federal Reserve Board chief Jerome Powell, calling him “stupid”, as the federal agency holds off on ...
Talk Business & Politics1h
Forecast: Tariff uncertainty to put pressure on U.S., Arkansas economies
U.S. and Arkansas economic growth continues to slow with fewer jobs added this year and the cost of living rising with ...
Fed Chair Jerome Powell explains why rates stayed steady, unlike in December
The Federal Reserve is keeping interest rates unchanged for now, but as many as two interest rate cuts could occur later this year. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Average long-term US mortgage rate eases to 6.81%, the third consecutive weekly decline
The average rate on a 30-year mortgage has remained relatively close to its high so far this year of just above 7%, set in ...
Fed leaves key rate unchanged as it awaits the impact of tariffs
The Federal Reserve kept its key rate unchanged Wednesday as it waits for additional information on how tariffs and other ...
Public Broadcasting Service (PBS)1h
News Wrap: Fed leaves interest rates unchanged while signaling future cuts
In our news wrap Wednesday, the U.S. Federal Reserve left interest rates unchanged for the fourth-straight time while ...
HELOCs rise but home equity loans are steady as Fed leaves interest rates unchanged
The Federal Reserve stood pat on interest rates for the fourth meeting in a row, and home equity loans were flat — but HELOCs ...
Top economist warns America is heading toward economic disaster the Fed can't fix
Euro Pacific Asset Management Chief Economist Peter Schiff warned of stagflation and possible hyperinflation, arguing higher ...
Fed sticks with forecast of two interest-rate cuts this year despite new inflation worries
In an updated forecast, Fed officials now see core PCE inflation jumping to 3.1% by the end of the year from the current 2.5% ...