Forex
Federal Reserve Keeps Interest Rates Unchanged Amid Economic Uncertainty
On August 21, 2026, the Federal Reserve made its decision to hold interest rates steady. Dr. Rebel Cole, Lynn Eminent Scholar Chaired Professor of Finance at Florida International University, joined FOX 35's Hayden Wiggs to break down this development.
The Federal Reserve has decided to maintain its current interest rate stance, a move that may come as no surprise given the recent economic data. Dr. Cole noted that this decision is likely aimed at keeping inflation in check and supporting economic growth.