Futures Pointing To Flat Open Ahead Of Fed Announcement

The major U.S. index futures are pointing to a roughly flat opening on Wednesday as traders await the Federal Reserve's monetary policy announcement this afternoon. The Fed is widely expected to increase interest rates by 25 basis points, reflecting the first rate hike in a year. The accompanying statement is likely to be in focus, as traders gauge the outlook for further monetary policy normalization by the central bank.

from RTT - Market Analysis http://ift.tt/2hliICx
via IFTTT