• Fed may hint on rate-hike plan as it prepares for policy turn

    WASHINGTON (Reuters) - The U.S. Federal Reserve on Wednesday could offer fresh clues on when it plans to begin lifting interest rates and how quickly it will move, as it prepares for a momentous9:38 AM ET | Reuters

  • Wall St flat with Fed statement on tap

    NEW YORK (Reuters) - U.S. stocks were little changed at midday on Wednesday, ahead of a key statement by the Federal Reserve which investors hope will provide insight into the next monetary policy12:52 PM ET | Reuters

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[BRIEFING.COM] The stock market is doing pretty much what it was expected to do today in front of the FOMC decision (i.e. nothing).  The major indices are little changed as traders wait anxiously for the Fed's latest directive and updated economic projections.

Everyone is waiting to see if the "considerable time" language is maintained in the directive after Wall Street Journal Fed watcher, Jon Hilsenrath, suggested yesterday it could be.

Mr. Hilsenrath's article ... More


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