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Mike Rounds: “The Fed held the rate steady in their last meeting.”

Featuring: Mike Rounds, Republican | U.S. Senate South Dakota

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Rounds Discusses Warsh Hearing on CNBC

Published | Video Starts at 02:23

I want them to make the decisions based on what they believe is right. I like the fact that he made it very clear that they were going to be independent. They The Fed held the rate steady in their last meeting. I think there were some people that thought that they might reduce them at that time, but common sense says is that it wasn't time to raise them. (02:23–02:27)

CLAIM

Asserts that the Federal Reserve did not change interest rates in their last meeting.

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