U.S. Stocks Are Little Changed Before Fed Policy Decision U.S. stocks were little changed, following a three-day gain for the Standard & Poor’s 500 Index, as investors awaited the latest monetary-policy decision from the Federal Reserve. The S&P 500 added less than 0.1 percent to 1,942.54 at 9:31 a.m. in New York. “I would be shocked or alarmed if we get any surprising news out of the decision today,” Randy Frederick, managing director of trading and derivatives ...
- Federal Open Market Committee (FOMC) to Reduce QE by Another $10B. - Fed Chair Janet Yellen to Hold Press Conference at 18:30 GMT. Trading the News: Federal Open Market Committee Meeting and Federal Funds Rate Despite expectations for another $10B reduction in the Federal Open Market Committee’s (FOMC) asset-purchase program, the central bank’s updated forecasts (growth, inflation & interest rate) may have a greater impact in driving the U.S. dollar as ...
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