Federal Reserve Chairman Jerome Powell seemingly shrugged off hotter-then-expected inflation data, saying the data points “haven’t really changed the overall story, which is that of inflation moving down gradually on a sometimes bumpy road towards 2%.”

In the video above, Yahoo Finance Federal Reserve Reporter Jennifer Schonberger recaps some of the top takeaways from Powell’s press conference.

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Editor’s note: This article was written by Stephanie Mikulich.