What to know ahead of Federal Reserve's May interest rate meeting

CBS News business analyst Jill Schlesinger breaks down what to know as the Federal Reserve is set to meet to discuss interest rates that remain at a 23-year high since last summer.
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[@mopthermopther]

Let the markets stabilize. They hate uncertainty. And quit jacking with the interest rates.

[@marcuscook5145]

Rates are not high enough and spending is not low enough. The fact that inflation was still up while the growth slowed is concerning. Stagflation is a bad place to be. The fact remains that this won't be fixed without change in fiscal policy, not just monetary policy.

[@roymoxley2587]

Raise the damn rate or inflation will never come down enough

[@Mark_Aqua]

Yeah, it’s our fault for demanding higher wages. God forbid we try to make a decent living in this country. What a joke!

[@dogegamer3288]

Of all people you guys should not to come in here pritzapratzing around speculating on unknowns around rates. We all know trajectory, timing, and the two point objective and where it stands. If you are coming to the table, and least know what's for supper.

[@StalinTheMan0fSteel]

"I did that!" -Joe Biden