Interest rates remain steady: What does it mean?

The Federal Reserve has decided to hold interest rates at their current target range of 5.25% to 5.50%. The move was widely expected by the markets. The Fed also stuck with its earlier forecast for three rate cuts before the year is out. Joining LveNOW's Jeane Franseen to explain the decision is Dr. Mike Walden, a professor emeritus at the NC State University,