Duke University Professor of Economics Connel Fullenkamp discusses the Fed keeping key rate unchanged as Powell vows to stay until DOJ investigation is finished

The Federal Reserve kept its key interest rate unchanged Wednesday and Chair Jerome Powell highlighted the increasingly uncertain outlook for the U.S. economy and inflation in the wake of the Iran war, suggesting the Fed could stand pat for an extended period. Connel Fullenkamp, Duke University Professor of Economics, joined Jeff Hamlin to discuss the latest economic outlook.