Last updated: 2026-01-28 22:46:40 ET
The Federal Reserve held interest rates steady on Wednesday, marking its first pause after three consecutive cuts in 2025. CBS News coordinating produ...
Powell: "Every advanced economy, democracy" has an independent central bank. 🏦
Powell has just two policy meetings left as chair — in March and April — before his term expires.
Treasury Secretary Scott Bessent tells CBS News that Federal Reserve officials must be "beyond reproach" in communicating with the public.
Federal Reserve Chair Jerome Powell on Wednesday offered his first explanation into his decision to attend Fed Governor Lisa Cook's Supreme Court hearing.
In an unsurprising move, the Fed on Wednesday held interest rates in the current range – despite a criminal probe into Chair Jerome Powell and inten...
Succession drama, legal intrigue and political independence: These are top issues that DealBook would ask of the Federal Reserve chairman.
President Trump has demanded that Fed Chair Jerome Powell cut rates. But it isn’t the Fed chair alone who sets them. Here is who does.
Recently, the stock market has done better on average when the Fed decided to hold rates instead of cut them
Fed meeting updates: Powell expected to hold interest rates steady in first decision of 2026
