Wednesday's Final Takeaways: FOMC Rate Cut & Global Yields Climb

Back to Market on Close. I'm Marley Caden here in Chicago alongside Sam Bodis at the New York Stock Exchange. We'll close out our show with some final thoughts on the session today.Of course, it was Fed day. We finally got our rate cut decision from the Federal Reserve and it was 25 basis points that the market had predicted. The decision was split as expected with the FOMC signaling a tougher road ahead for further reductions.The closely watched dot plot indicated just one cut in 2026 and another in 2027. ...