Investors brace for Fed decision, Boeing taps Kelly Ortberg to be new CEO: Yahoo Finance

Wall Street has its attention focused on Washington today. The Federal Reserve is set to announce its latest decision on interest rates at 2:00 p.m. ET. Investors are widely expecting the Fed to leave rates unchanged, but they will be watching Fed Chairman Jerome Powell’s comments at the press conference closely for any signs that a cut will be coming in September. One stock investors are watching closely is Boeing (BA). The aerospace giant named Robert “Kelly” Ortberg as its new CEO. The company also reported a $1.4 billion loss in the second quarter as it continues to grapple with supply chain issues and quality concerns. Other trending tickers on Yahoo Finance include Advanced Micro Devices (AMD), Microsoft (MSFT), Nvidia (NVDA), and Starbucks (SBUX).

Key guests include:
9:05 a.m. ET - Brent Bracelin, Piper Sandler Equity Research Analyst
9:45 a.m. ET - Mike Sievert, T-Mobile CEO
10:50 a.m. ET - Anthony Paolone, JP Morgan Co-Head of U.S. Real Estate Stock Research
11:05 a.m. ET - Dana Peterson, The Conference Board Chief Economist
11:10 a.m. ET - Daniel Schreiber, Lemonade CEO

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