Wednesday’s Federal Reserve interest rate decision will be the main event throughout the week with some notable earnings reports and investor dates, along with the latest economic data.
The Federal Open Market Committee wrapped up its two-day meeting Wednesday afternoon, with the decision being made at 2 p.m. ET. Chairman Jerome Powell will hold a press conference 30 minutes later. The rate of change in the federal funds rate based on the futures market has changed dramatically after a series of banking crises. Going into the week, the odds are leaning in favor of a quarter point gain.