Also in focus will be the latest decision from the U.S. Federal Reserve, which is due to be announced later in the day.were flat in overnight trading on Tuesday as investors digested major technology earnings and geared up for the latest Federal Reserve policy announcement.
The Fed wraps up its two-day policy meeting on Wednesday. The central bank is not expected to take any action, but economists expect it to defend its policy to let inflation run hot. Fed Chairman Jerome Powell will hold a press conference at 2:30 p.m. ET, 30 minutes after the decision is announced.
Here I will help “not thinking about thinking” “transitory inflation” “maximum employment not achieved” blah blah blah... there, that’s what Jerome will say, no need to worry.. printer remains on full blast.