David Faber and Jim Cramer looked at the market reaction a day after the Fed held rates steady as expected. At his post-meeting news conference, Chair Powell said the current outlook is that any price jumps from tariffs likely will be short-lived. The desk also discussed the deal of the morning with QXO signing a deal for Beacon Roofing Supply. After the opening bells, the anchors looked at some of the day’s biggest movers, including the big drop in Accenture shares following the company’s latest earnings results. 

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