US Fed kept its key interest rate on hold between 4.25-4.5% for the fifth straight meeting. TD Asset Management's Scott Colbourne discusses the latest decision and the Fed's rate path ahead.

The central bank kept interest rates steady for a fifth straight meeting, despite badgering from President Trump. It has “made no decisions” on cutting rates at its next meeting, the Fed chair said.

For the first time since 1993, two members of the central bank’s policy committee broke from the pack, but interest rates will remain high for now.