Federal Reserve Chair Jerome Powell holds a news conference following a two-day meeting of the Federal Open Market Committee at the Federal Reserve on September 17, 2025 in Washington, DC.
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Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says

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Will the Federal Reserve move slowly on interest rate cuts? Chair Powell signals some caution
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Will the Federal Reserve move slowly on interest rate cuts? Chair Powell signals some caution

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Federal Reserve Chairman Jerome Powell answers questions from reporters following the regular Federal Open Market Committee meetings at the Fed on July 30, 2025 in Washington, DC.
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The Federal Reserve faces economic uncertainty and political pressure as it decides whether to cut rates

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Federal Reserve Chairman Jerome Powell answers questions from reporters following the regular Federal Open Market Committee meetings at the Fed on July 30, 2025 in Washington, DC.
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US inflation unchanged last month, though core prices accelerated

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President Trump defends firing of official overseeing jobs data he claims was "rigged"
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President Trump defends firing of official overseeing jobs data he claims was "rigged"

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Fed Chair Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs during a hearing to "examine the Semiannual Monetary Policy Report to the Congress" on Capitol Hill on June 25, 2025 in Washington, DC.
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Trump’s attacks on Powell threaten the Fed’s independence. Here’s why it matters

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CBS News business analyst Jill Schlesinger on the Labor Department's just released report showing consumer prices rose 2.7% in June, from a year ago. That compares to an annual increase of 2.4% in May.
National

US inflation accelerated in June as Trump’s tariffs start to bite

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U.S. inflation picked up a bit last month as food costs rose, though overall inflation remained mostly tame.
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Inflation rose slightly last month as grocery prices ticked higher

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Inflation cooled again even as some tariffs took effect. But economists don't expect that to last
National

Inflation cooled again even as some tariffs took effect. But economists don't expect that to last

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Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment
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Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment

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(L to R) U.S. President Donald Trump walks with Federal Reserve Jerome Powell. Trump has been pressuring the Fed to drop interest rates, something they appear unwilling to do because of economic uncertainty caused by Trump's tariff implementation.
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Federal Reserve likely to defy Trump, keep rates unchanged this week

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U.S. economy shrinks 0.3% in first quarter as Trump trade wars disrupt businesses
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U.S. economy shrinks 0.3% in first quarter as Trump trade wars disrupt businesses

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