After three consecutive interest rate cuts, the Federal Reserve has decided to hit the pause button, citing a solid job market and stubborn inflation. CBS News MoneyWatch correspondent Kelly O'Grady has more on the decision and President Trump's reaction.
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After three consecutive interest rate cuts, the Federal Reserve has decided to hit the pause button, citing a solid job market and stubborn inflation. CBS News MoneyWatch correspondent Kelly O'Grady has more on the decision and President Trump's reaction. CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations' top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries. Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews Watch CBS News: https://cbsnews.com/live/ Download the CBS News app: https://cbsnews.com/mobile/ Follow CBS News on Instagram: https://instagram.com/cbsnews/ Like CBS News on Facebook: https://facebook.com/cbsnews Follow CBS News on Twitter: https://twitter.com/cbsnews Subscribe to our newsletters: https://cbsnews.com/newsletters/ Try Paramount+ free: https://paramountplus.com/?ftag=PPM-05-10aeh8h For video licensing inquiries, contact: licensing@veritone.com