Federal Reserve to decide what's next for interest rates

The Federal Reserve's Board of Governors meets this week to discuss what's next for interest rates. Many factors will influence the decision — poor employment numbers, inflation growing, tariff costs beginning to bite — not to mention pressure from the White House. Lisa Cook, a board member currently in a legal battle with the Trump administration over her seat, is expected to attend, drawing yet more attention to the pivotal meeting.

Host Peter O'Dowd pulls it all together with CBS News business analyst Jill Schlesinger, host of "Jill on Money."