What does the Fed's interest rate cut say about the state of the economy?

The Federal Reserve cut interest rates for the second time this year just days after the end of a presidential race in which inflation played a big role. CBS News MoneyWatch correspondent Kelly O'Grady looks at what impact the decision could have on the economy.

Topics

What the Fed rate cut means for mortgage interest rates
Top stories - CBS News - November 7
What the Fed rate cut means for HELOC interest rates
Top stories - CBS News - November 8
Here's what to expect with the Fed's next interest rate cut looming
Top stories - CBS News - November 7
What a potential Fed rate cut could mean for the economy
Top stories - CBS News - November 7
Fed cuts interest rates as Powell says he will not resign as chair
World - Financial Times - November 7
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
Business - MarketWatch - 6 days ago
What to know about the interest rate cut expected from the Federal Reserve
Top stories - CBS News - November 7
Fed cuts interest rates days after election
Top stories - ABC News - November 7
The Fed just cut interest rates by another 25 basis points—here’s what will get cheaper
Business - CNBC - November 7

What does the Fed's interest rate cut say about the state of the economy?

Topics

Related

What the Fed rate cut means for mortgage interest rates

What the Fed rate cut means for HELOC interest rates

Here's what to expect with the Fed's next interest rate cut looming

What a potential Fed rate cut could mean for the economy

Fed cuts interest rates as Powell says he will not resign as chair

Stocks end lower after Powell throws cold water on hopes for December interest-rate cut

What to know about the interest rate cut expected from the Federal Reserve

Fed cuts interest rates days after election

The Fed just cut interest rates by another 25 basis points—here’s what will get cheaper

More from CBS News

Matt Gaetz withdraws as attorney general nominee

Actor Jussie Smollett's conviction overturned by Illinois Supreme Court

BJ's Wholesale Club hikes membership fees for first time since 2018

Mexican cartel leader who faked own death arrested in California

Connie Nielsen on returning to "Gladiator" after 24 years