Last updated: 2026-01-30 02:31:04 ET
President Donald Trump said Thursday that he will be naming his pick Friday for the new Federal Reserve chair.
President Trump says he will announce his nominee for Federal Reserve chair Friday morning, as he presses the central bank to cut interest rates.
The president has spent months weighing his choice to lead the central bank.
The U.S. bond market doesn’t seem all that anxious yet about President Trump’s efforts to sway the Federal Reserve’s monetary policy decisions.
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss how the new Trump Accounts work and the consumer impact after the Federal Reserve announced it won't cut rates at its meeting on Wednesday.
Federal Reserve chief Jerome Powell said Wednesday that the U.S. jobs market seems to have stabilized after a big letdown last year, justifying a deci...
The Reserve Bank maintained its main repo rate at 6.75% as it weighed steady inflation, low oil prices and a stronger rand against global geopolitical...
President Trump has been pressing the Federal Reserve to cut interest rates more aggressively, but the central bank voted to hold rates steady for now, as it tries to bring down inflation.
Treasury Secretary Scott Bessent addressed the ongoing investigation into Federal Reserve Chair Jerome Powell and the White House's new $1,000 "Trump ...
The Federal Reserve held interest rates steady on Wednesday, marking its first pause after three consecutive cuts in 2025. CBS News coordinating produ...
