Fed rate decision, September rate cut chances: Market Domination

The Federal Reserve has decided to hold interest rates steady in June, with excitement around potential rate cuts in September driving stocks (^DJI, ^IXIC, ^GSPC) on Wednesday. Julie Hyman, Myles Udland, and Jared Blikre examine the latest Fed news, market reactions, and what expert economists expect from officials ahead of September's FOMC meeting. EY chief economist Greg Daco and Thornburg Investment Management co-head of investments Jeff Klingelhofer are among the guests that come onto the show to weigh in on the Fed's monetary policy decision as Daco and Klingelhofer view this move in different lights and what it could mean for an interest rate cut in September. BofA Securities senior aerospace and defense analyst Ron Epstein also joins the program to discuss Boeing (BA) choice of Robert Kelly Ortberg to replace current CEO Dave Calhoun in August, noting Ortberg's experience in the industry to be a "catalysts" for a culture shift within the troubled Boeing. Other top trending tickers on the Yahoo Finance platform include Vistra Corp. (VST), Marriott International (MAR), and Pershing Square Holdings (PSHZF). This post was written by Luke Carberry Mogan.