How the Fed's interest rate reduction will impact your finances
The Federal Reserve on Wednesday announced it was lowering its benchmark interest rate by 0.50 percentage points, the first cut since March of 2020. CBS News business analyst Jill Schlesinger explains what the rate reduction means for consumers.
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CBS Mornings
Each weekday morning, "CBS Mornings” co-hosts Gayle King, Tony Dokoupil and Nate Burleson bring you the latest breaking news, smart conversation and in-depth feature reporting. Watch "CBS Mornings" on weekdays at 7 a.m. ET on CBS and stream it at 8 a.m. E...