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Fed Rate Decision, September Rate Cut Chances: Market Domination
The Federal Reserve decided to keep interest rates steady in June, with enthusiasm surrounding possible rate cuts in September boosting stocks (^DJI, ^IXIC, ^GSPC) on Wednesday. Julie Hyman, Myles UdlandIt is Jared Blikre Analyze the latest Fed news, market reactions, and what expert economists expect from policymakers ahead of the September FOMC meeting.
EY Chief Economist Greg Daco and Thornburg Investment Management Co-Chief Investment Officer Jeff Klingelhofer are among the guests who come on the show to weigh in on the Fed’s monetary policy decision, as Daco and Klingelhofer view this shift from different perspectives and what this could mean for an interest rate cut in September.
BofA Securities senior aerospace and defense analyst Ron Epstein also joins the show to discuss Boeing (BA) choice of Robert Kelly Ortberg to replace current CEO Dave Calhoun in Augustnoting that Ortberg’s industry experience was a “catalyst” for a culture change within troubled Boeing.
Other top trending tickers on the Yahoo Finance platform include Vistra Corp. (VST), Marriott International (March) and Pershing Square Holdings (PSHZF).
This post was written by Lucas Carberry Mogan.