Fed leaves rates steady amid inflation risks

The Federal Reserve voted on Wednesday to hold interest rates steady amid growing concerns over war-driven inflation in Iran. The fractured decision featured three dissenting Fed presidents pushing for a rate hike—marking the most internal dissent at the central bank in over a decade. Rebel Cole, Lynn Eminent Scholar Chaired Professor of Finance at FAU, spoke with FOX 35 News+ to break down how Floridians will see this impact their lives.