The Federal Reserve is set to announce what’s next for its benchmark interest rate on Wednesday. CBS News business contributor Javier David joins “CBS Morning News” with more on what to expect.
Federal Reserve set to decide on interest rates amid Trump pressure
By Home - CBSNews.com
Jun 18, 2025 | 9:47 AM

BREAKING THE BUDGET IMPASSE
What should be done to break the impasse in approving Pennsylvania’s budget?
Increase income taxes to pay for more spending.
Draw down the state's rainy day funds to pay for more spending.
Tax the so-called "skill games" machines to pay for more spending.
Legalize recreational marijuana to pay for more spending.
We don't need more spending, we need less! No new taxes!
We do need to increase spending on some programs, but there's plenty of wasteful spending we should cut. No new taxes!
Voting Ends: Oct 7, 2025 | 12:00 PM