The Federal Reserve concluded its two-day meeting by once again leaving interest rates unchanged. The updated Fed "dot plot" also suggests that the Fed will only cut rates once in 2024.

UBS Global Wealth Management Chief Economist Paul Donovan joins Market Domination to give insight into the Fed's latest decision and its implications for the broader market.

"The fact that there doesn't seem to be a great deal of debate in the Fed over what should policy be doing is actually quite troubling because there is a real degree of uncertainty in the real world that the Fed should be paying attention to. Now, the 'dot plots,' frankly, I don't care, you know, the dot plots are one of the worst ideas the Fed has ever had," Donovan tells Yahoo Finance.

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