Yahoo TV

The Federal Reserve is keeping interest rates steady, though left the door open to potential rate hikes in the future. With inflation still above the Fed's 2% target, and gas prices on the rise, consumers are feeling the brunt of inflation. Dennis Lockhart, Former Atlanta Fed President, joins Yahoo Finance to discuss the Fed's decision. Lockhart explains that "what happens at the gas pump factors through to spending on the part of households", which dampens economic activity.

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