Trump blasts Fed over interest rates

By CBS Mornings

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The Federal Reserve raised interest rates by 0.25 percentage points on Wednesday, the first hike since 2023. President Trump slammed the central bank, saying U.S. interest rates should be "1% or less." Weijia Jiang reports. Each weekday morning, "CBS Mornings" co-hosts Gayle King and Nate Burleson bring you the latest breaking news, smart conversation and in-depth feature reporting. "CBS Mornings" airs weekdays at 7 a.m. on CBS and stream it at 8 a.m. ET on the CBS News app. Subscribe to "CBS Mornings" on YouTube: https://youtube.com/CBSMornings Watch CBS News 24/7: https://cbsnews.com/live/ Download the CBS News app: https://cbsnews.com/mobile/ Follow "CBS Mornings" on Instagram: https://instagram.com/cbsmornings/ Like "CBS Mornings" on Facebook: https://facebook.com/CBSMornings Follow "CBS Mornings" on X: https://twitter.com/CBSMornings Subscribe to our newsletter: https://cbsnews.com/newsletters/ Try Paramount+ free: https://paramountplus.com/?ftag=PPM-05-10aeh8h For video licen

Tags: Federal Reserve, Donald Trump, Interest Rates, Farmers, CBS Mornings Clips, CBS Mornings Politics