Trump says the Fed "has failed" to stop inflation

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.

Topics

Job Market ‘Solid,’ Inflation ‘Remains Somewhat Elevated,’ Fed Says

Despite inflation, all told, the economy is holding steady.
Inc. - 18h
Trump accuses Fed, Powell of creating inflation on heels of rate decision

Trump, who appointed Jerome Powell as Fed chair, has called for lower interest rates and said the president should get a say on the Fed's rate decisions.
CNBC - 18h
Stop the money-printing press: Why the Fed should target a hard 2% inflation cap

U.S. workers, employers and investors aren’t buying the Fed’s assurances that inflation is easing.
MarketWatch - 1d
Cash App owner failed to protect customers from fraud, feds say

Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to potential fraud.
CBS News - Jan. 17
CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
The New York Times - Jan. 15
CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
The New York Times - Jan. 15
Fed braces for Trump inflation bump

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed frets about impact of Trump policies on inflation Central bank officials ...
The Hill - Jan. 8
Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation

Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.
MarketWatch - Jan. 8
Former Fed Chair Bernanke Says Trump’s Policies May Not Push Inflation Back Up

While plans to impose tariffs, cut immigration and expand tax cuts have alarmed many economists, others say early, pessimistic analyses may be incorrect.
Inc. - Jan. 6

Trump says the Fed "has failed" to stop inflation

Topics

Related

Job Market ‘Solid,’ Inflation ‘Remains Somewhat Elevated,’ Fed Says

Trump accuses Fed, Powell of creating inflation on heels of rate decision

Stop the money-printing press: Why the Fed should target a hard 2% inflation cap

Cash App owner failed to protect customers from fraud, feds say

CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled

CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled

Fed braces for Trump inflation bump

Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation

Former Fed Chair Bernanke Says Trump’s Policies May Not Push Inflation Back Up

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