The Federal Reserve raised interest rates by 0. 25 percentage points, defying President Trump's push to cut them. This comes as the Iran war drives up oil prices and inflation remains high. CBS News' Weijia Jiang reports.
The Federal Reserve raised interest rates by 0. 25 percentage points, defying President Trump's push to cut them. This comes as the Iran war drives up oil prices and inflation remains high. CBS News' Weijia Jiang reports.