Federal Reserve holds interest rates steady despite inflation

The Federal Reserve has decided to hold interest rates steady despite high inflation. CBS News' Kelly O'Grady has more. 40m ago (02:56) Videos What's next as Israel sees no clear winner New study on NFL athletes and CTE Maine's secretary of state on fed election monitors Fed holds interest rates steady Passengers on deadly Spain train crash Deadly train accident in Spain Latest on Ohio races, data center questions Navy dad surprises son in lunchroom Cruise ship strands passengers in Cambodia Doctor on controversial peptide sales Ohio voters react to Ramaswamy's attack ad Police say husband lied in wife's disappearance Parents get violent at girls' softball game Cars struggle to get through amid flooding Alaska Senate race takes surprising turn Dan Sullivan Alaska investigation Graham, Andrews tied in South Carolina Interview with Florida Congress candidate Bale Dalton Brad Lander on West Bank detention, midterms Activist Dolores Huerta dies at 96 CBS News 24/7 24/7 Primetime CBS News Baltimore Latest Baltimore News & Headlines CBS News Bay Area CBS News Bay Area Evening Edition CBS News Boston WBZ News 8pm CBS News Chicago Latest Chicago News & Headlines CBS News Colorado Coach Prime's Playbook with Romi Bean CBS News Detroit Latest Detroit News & Headlines CBS News Los Angeles CBS News Los Angeles 5pm CBS News Miami Latest Miami News & Headlines CBS News Minnesota Latest Minnesota News & Headlines CBS News New York CBS News New York 8pm CBS News Philadelphia CBS News Philadelphia 8pm CBS News Pittsburgh KDKA News 6pm CBS News Sacramento CBS13 News 5:30pm CBS News Texas CBS News Texas 7pm