Tag: CBS News

(CNN)Federal Reserve Chairman Jerome Powell said repeated political attacks by President Donald Trump had zero influence on the central bank's decision to slow down interest rate hikes. Not at all," said Powell in an interview with the CBS news program "60 Minutes" on Sunday. "And it's very important that the public understand that we are always going to make a decision based on what we think is right for the American people." Powell explained that the Fed's decision in January to pause raising rates was because the global economy was showing signs of slowing and other risks to the US economy were rising. The Fed chairman has repeatedly made the case for a patient, measured approach, describing the US economy in a "good place," where policy makers "don't feel any hurry to change our interest rate policy." Since then, Fed officials have pointed to a spike in volatility in financial markets at the end of last year, a slowdown of growth in China and Europe, and uncertainty around unresolved policy issues including trade negotiations with China and the United Kingdom's exit from the European Union as reasons to be more cautious. When repeatedly pressed whether he had a "rule" about discussing the President, Powell flatly said, "I don't think it's appropriate. Instead, he said his responsibility is to fulfill the job Congress assigned the Fed: to ensure as many Americans are working as possible and to keep prices stable -- a role, he says, he plans to keep until his four-year term expires. Powell waved off any imminent concerns of a looming recession, saying he anticipates the US economy will grow at a "healthy rate." He also said he sees no reason why the economic expansion, which will be the longest in history in a few months, won't continue.

Ronan Farrow defends his reporting in the New Yorker about sexual misconduct allegations against CBS president and CEO Leslie Moonves and "60 Minutes" Executive Producer Jeff Fager.

Fox News media analyst Howard Kurtz gives his take on the reports about Sarah Sanders. FOX News Channel (FNC) is a 24-hour all-encompassing news service dedicated to delivering breaking news as well as political and business news. The number one…

Subscribe to the Real Time YouTube: http://itsh.bo/10r5A1B Attorney Michael Avenatti joins Bill to discuss his lawsuit on behalf of Stormy Daniels regarding an alleged 2006 & 2007 affair with Donald Trump. Connect with Real Time Online: Find Real Time on…

Subscribe to the Real Time YouTube: http://itsh.bo/10r5A1B Attorney Michael Avenatti joins Bill to discuss his lawsuit on behalf of Stormy Daniels regarding an alleged 2006 & 2007 affair with Donald Trump. Connect with Real Time Online: Find Real Time on…

Subscribe to the Real Time YouTube: http://itsh.bo/10r5A1B Bill recaps the top stories of the week, including Donald Trump's new lawyer, Donald Trump's old lawyer, and Starbucks in hot water. Connect with Real Time Online: Find Real Time on Facebook: https://www.facebook.com/Maher…

Bill and his roundtable guests - Michael Avenatti, Jordan Peterson, Frank Bruni, Gov. Jay Inslee and Alex Wagner - will answer viewer questions after Friday's show. ***If stream fails to load, please refresh your browser.***