Today, as the Federal Reserve emerges from its latest policy meeting with a well-anticipated stay-put stance, there’s plenty to talk about in financial markets. But most of it isn’t driven by the central bank.
A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
The Federal Reserve is widely expected to make no change to its benchmark federal funds rate at its January meeting, a decision to be announced today.
Gold traded in a relatively narrow price range on Thursday as investors focused on U.S. President Donald Trump's tariff plans and a key inflation report for monetary policy cues.
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
Federal Reserve policymakers voted Wednesday to hold interest rates steady in its first rate decision of the year.
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
The Federal Reserve left interest rates unchanged Wednesday as it began a new wait-and-see policy stance amid a cloudy economic outlook and uncertainty over whether some of President Donald Trump’s policies could stymie the fight against inflation.
As was widely expected, the U.S. Federal Reserve held interest rates at current levels following the conclusion of its latest policy meeting.
It's a sign of a more cautious approach as the Federal Reserve seeks to gauge where inflation is headed and what policies President Donald Trump may pursue.
The Federal Reserve did not apply a cut to its benchmark rate as inflation remains stubborn. CBS News business analyst Jill Schlesinger has more.