The latest decision by the Federal Reserve to hold off on increasing interest rates any further may signal that the U.S.
economy is moving in the right direction. CBS News business analyst Jill Schlesinger and J.D. Durkin, a host for the financial news site"TheStreet," join CBS News to discuss the decision.
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Federal Reserve expected to leave interest rates unchanged despite stubborn inflationA surging economy has complicated the fight to cool price increases.
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Surge in interest rates and a cloudier economic picture to keep Federal Reserve on sidelinesThe Federal Reserve is poised to leave its key interest rate unchanged at a time when the Fed faces an economy that has proved resilient but is nevertheless under pressure from surging interest rates, overseas turmoil and anxious investors. U.S.
Source: AP - 🏆 728. / 51 Read more »
Surge in interest rates and a cloudier economic picture to keep Federal Reserve on sidelinesThe Federal Reserve is poised to leave its key interest rate unchanged at a time when the Fed faces an economy that has proved resilient but is nevertheless under pressure from surging interest rates, overseas turmoil and anxious investors.
Source: wjxt4 - 🏆 246. / 63 Read more »
Live updates: Markets await latest Federal Reserve decision on ratesThe Federal Reserve is set to make an announcement on rates at 2 pm ET. Markets are expecting another pause in the central bank's rate-hiking campaign as the economy continues to absorb the effects of higher borrowing costs.
Source: CNN - 🏆 4. / 95 Read more »