As Financial Literacy Month continues, CBS News business analyst Jill Schlesinger breaks down what the Federal Reserve does ...

President Donald Trump has been loudly critical of Federal Reserve Chair Jerome Powell for years now. Since January, the President has accused him of playing politics by keeping interest rates high.

The Federal Reserve's Beige Book found that businesses around the U.S. are seeing costs rise due to tariffs, which will largely be passed on to consumers through higher prices. President Trump put ...

President Trump’s pressure on the Federal Reserve, on top of the uncertainty ... Data delayed at least 15 minutes Source: Factset By The New York Times By Danielle Kaye and Kevin Granville ...

The Federal Reserve meets for its second two-day rate-setting session of 2025 on Tuesday, May 6, and Wednesday, May 7, 2025. At the end of its Federal Open Market Committee session on March 19 ...

showing progress in the Federal Reserve's battle to bring down inflation to a 2% rate. The CPI was forecast to rise 2.6% last month, according to economists polled by financial data firm FactSet. The ...

Gold on Tuesday hit a fresh record high above $3,500 a troy ounce. The yellow metal has soared more than 30% this year, ...

The Federal Reserve can stay patient and wait to see how tariffs and other economic policies of the Trump administration play out before making any changes to interest rates, Chair Jerome Powell said ...