The Federal Reserve’s interest-rate decision on Wednesday will be the main event during a week with several notable earnings reports and investor days, plus the latest economic data.
The Federal Open Market Committee concludes a two-day meeting on Wednesday afternoon, with a decision due at 2 p.m. ET. Chairman Jerome Powell will hold a press conference 30 minutes later. Futures markets-implied odds of changes in the federal-funds rate have swung wildly after a series of bank crises. Going into the week, odds were leaning toward a quarter-point hike.