The Federal Reserve is keeping interest rates steady, matching many expectations on Wall Street. Wednesday's FOMC decision is just another story beat in the Fed's narrative around the market (^DJI, ^IXIC, ^GSPC) and if regulators are still on the right path to 2% inflation.

Roth MKM Partners Chief Economist and Macro Strategist Michael Darda joins Market Domination to explain why he believes this was the right move by the Fed.

Darda affirms his position, claiming it will just take more time for the Fed to reach its target inflation target, even as long as "a six to nine-month period" while Fed policy remains restrictive and the Treasury yield curve is inverted.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination.

This post was written by Nicholas Jacobino