But Powell declined to say whether that would justify lowering interest rates at policymakers’ meeting later this month, on July 30-31. Investors broadly expect the central bank to start ...

Key Facts In his latest attack on the Fed and its top-ranking official Jerome Powell, Trump derided Powell as a “stupid person” because he “probably won’t cut today.” ...

Federal Reserve Chair Jerome Powell said Tuesday the Trump administration's tariffs led the Fed to put interest rate cuts on hold. CBS News MoneyWatch correspondent Kelly O'Grady reports.