Latest in Fed Decision May
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Fed makes final interest rate decision before Trump inauguration
The Federal Reserve cut interest rates Wednesday for the third consecutive month, slashing rates by a quarter percentage point. It was the Fed's final rate decision before the inauguration of ...CBS News - 34m -
Fed cuts interest rates, delivering relief for borrowers
The rate decision follows two consecutive months of rising inflation.ABC News - 2h -
Fed cuts interest rate for third consecutive time
The Federal Reserve has announced a quarter-point cut to its key interest rate for a third consecutive time in 2024. NBC News' Brian Cheung has details on the decision and what it could indicate ...NBC News - 4h -
Bracing for a Fed Pullback on Interest Rates
Wall Street sees the central bank cutting interest rates on Wednesday. But growing worries about inflation are adding to investor uncertainty about its policy agenda for 2025.The New York Times - 9h -
Jerome Powell and the Fed Head for Another Collision with Trump
Rates may not come down as much or as quickly as had been expected, just as Trump — a self-declared “low-rate guy” — returns to the White House.The New York Times - 2d -
Stocks plunge following Fed inflation projections
Major stock indices plunged Wednesday after the Federal Reserve signaled a slower pace of interest rate cuts for 2025 than previously forecast, renewing concerns about how fast inflation would fall.NBC News - 2h -
Why money’s flowed into Bank of America bonds — and how a Fed pause in rate cuts may help financial firms
The Federal Reserve’s expected interest-rate cut Wednesday is seen as a potential boost for the banking sector, as corporate bond investors weigh prospects for the U.S.‘s money-center banks.MarketWatch - 6h -
The Fed has a big interest rate decision coming Wednesday. Here's what to expect
Traders are pricing in a near certainty that the Fed on Wednesday will lower its key rate by a quarter percentage point.CNBC - 7h -
Fed expected to make another cut in final interest rate decision of 2024
The Federal Reserve on Wednesday will make its final interest rate decision of 2024 with a 0.25 percentage point cut expected. CBS News MoneyWatch correspondent Kelly O'Grady has more.CBS News - 9h -
Mortgage rates inch up ahead of Fed meeting
Mortgage applications fell 0.7% in the last week, the Mortgage Bankers Association said.MarketWatch - 12h -
The Fed is likely to cut rates, but some worry it may not be the right move, CNBC survey found
Economists and strategists are uncertain about the inflation outlook, the CNBC Fed Survey for December found.CNBC - 1d -
Bitcoin rises to new record above $107,000 ahead of this week's Fed decision
Bitcoin rallied to a new all-time high on Monday as investors awaited an expected interest rate cut by the Federal Reserve later this week.NBC News - 2d -
Bitcoin rises to new record above $107,000 ahead of this week's Fed decision
Bitcoin rallied to a new all-time high Monday as investors awaited the Federal Reserve's final interest rate decision of the year.CNBC - 2d -
Here's what to expect from the Fed's interest rate decision this week
The Federal Reserve will announce a rate decision on Wednesday, Dec. 18. Economists are now expecting fewer cuts in 2025.CBS News - 2d -
Feds are moving to improve airline travel for people with disabilities
New rule is department's latest effort to improve commercial air travel for passengers with disabilities. Here's what's in it.CBS News - 2d -
Will the Fed signal a pause in rate cuts?
Market Questions is the FT’s guide to the week aheadFinancial Times - 3d -
Cramer's week ahead: Fed decision and earnings from General Mills, Darden and Nike
CNBC's Jim Cramer walked investors through next week's Federal Reserve meeting and big earnings from General Mills, Darden Restaurants, Nike and more.CNBC - 5d -
The Fed Is Stuck Fighting the Last War
Mired in a battle to contain surging prices, the central bank also needs to be nimble enough for the economic downturns to come, our columnist says.The New York Times - 5d -
Retired FBI official on Christopher Wray's decision to resign
Chris Piehota is a retired FBI executive assistant director and the author of "Wanted: The FBI I Once Knew." He joined CBS News to discuss the decision by Christopher Wray to step down at the end ...CBS News - 6d -
Inflation Ticks Up, but Details Are Encouraging for the Fed
Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will make its final rate decision for 2024.The New York Times - Dec. 11 -
This nugget of good news in hottish CPI inflation report may cement Fed interest-rate cut
Inflation has risen since the summer and raised anxiety at the Federal Reserve, but a welcome slowdown in housing costs could be just what the doctor ordered.MarketWatch - Dec. 11 -
UK pauses decisions on Syrian asylum claims
The home secretary says the situation is "moving extremely fast" after the fall of the Assad regime.BBC News - Dec. 9 -
'Mediocre' Man Utd need bold decisions - Ratcliffe
Sir Jim Ratcliffe has said Manchester United will need to take "difficult and unpopular decisions" if the club is to restore its place at the top of English and European football.ESPN - Dec. 8 -
Bethell's sliding doors give England a decision
Jacob Bethell's serendipitous entry into Test cricket has left England with a decision to make, writes Stephan Shemilt.BBC News - Dec. 7 -
When They Hear Plants Cry, Moths Make a Decision
A new study suggests that the insects rely on the sounds made by distressed vegetation to guide important reproductive choices.The New York Times - Dec. 6 -
What Fed chief Powell said about crypto that may have aided bitcoin’s rally to $100,000
Bitcoin’s meteoric run may have gotten a little extra push from an unlikely source: Federal Reserve Chair Jerome Powell.NBC News - Dec. 5 -
What Fed chief Powell said about crypto that may have aided bitcoin's rally to $100,000
Powell said bitcoin is not a challenge for traditional currencies such as the U.S. dollar but rather for gold.CNBC - Dec. 5 -
Supreme Court Decision Could Affect Other Trans Rights Cases
The ruling could set a precedent for several challenges to state laws regarding sports participation, bathroom use and health care for adults.The New York Times - Dec. 4 -
Oil prices end lower as investors look to OPEC+ decision
U.S. oil futures finished lower Wednesday, as pressure from uncertainty a day ahead of a decision by major oil producers on output levels outweighed support from weekly U.S. data showing a crude ...MarketWatch - Dec. 4 -
Source: Soto nearing decision on free agency
Juan Soto's free agency is nearing its final stages, with a source saying the star could pick his destination by the end of this week.ESPN - Dec. 4 -
Kerr calls out Podz's decision-making after Warriors' loss to Nuggets
Warriors head coach Steve Kerr had strong words about guard Brandin Podziemski after Golden State's 119-115 loss to the Denver Nuggets on Wednesday night.Yahoo Sports - Dec. 4 -
Breaking down South Korea's decision to lift martial law
South Korean President Yoon Suk Yeol lifted his martial law order just hours after he announced that the country would be subject to military rule. The country's parliament voted to reject the ...CBS News - Dec. 3 -
Newsom says he's disappointed by Biden's decision to pardon son
California Gov. Gavin Newsom (D) said he is disappointed by President Biden’s decision to pardon his son Hunter Biden, according to a Tuesday report. “With everything the president and his family ...The Hill - Dec. 3 -
Biden doesn't offer more on Hunter Biden pardon decision reversal
President Biden did not offer more details on his reversal regarding a pardon for his son Hunter Biden. Zeke Miller, the chief White House correspondent for the Associated Press, joins CBS News ...CBS News - Dec. 3 -
House Republican: 'Hard decisions' needed on Social Security, Medicaid, Medicare
Rep. Rich McCormick (R-Ga.) said Tuesday that lawmakers will ultimately face tough choices on spending in next year's unified GOP government, suggesting cuts may be coming to social welfare ...The Hill - Dec. 3 -
Why Making the Same Decisions Over and Over Led Stellantis’ CEO to Resign
The departure of Carlos Tavares from the automotive giant he helped create follows his inability to move on from previously successful strategies when faced with new, shifting challenges.Inc. - Dec. 3 -
Lawmakers react to President Biden's decision to pardon his son Hunter Biden
Some Democrats are criticizing President Biden's decision to pardon his son Hunter Biden, in fears that it could undermine trust in the court system. CBS News' Scott MacFarlane has the latest.CBS News - Dec. 3 -
Once again, polls missed a decisive slice of Trump voters in 2024
As America’s pollsters and polling aggregators conduct their postmortems on the 2024 presidential election, some are already saying that their pre-election surveys got it right, noting the close ...NBC News - Dec. 3 -
Joe Biden’s decision to pardon his son slammed by senior Democrats
US president accused by members of his own party of undermining the rule of law over Hunter BidenFinancial Times - Dec. 3 -
Top Fed official warns progress on taming US inflation ‘may be stalling’
Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic dataFinancial Times - Dec. 2
