All three major averages closed lower, and Jim Cramer is taking you through the market’s dip after being hit by hawkish commentary from the Fed. Next, Cramer's modifying one of his tried-and-true strategies, the Rule Of 40, to fit a more volatile market. Then, after its post-earnings slump, Cramer weighs in on Carvana’s first quarter report and what it means for the used car market. Plus, Huntington Bancshares CEO Steve Steinour joins Cramer fresh off earnings.