Finance

Stock futures dip slightly ahead of Fed verdict

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A man walks near the New York Stock Exchange (NYSE) on August 31, 2020 at Wall Street in New York City.

Angela Weiss | AFP | Getty Images

U.S. stock futures dipped early Wednesday as investors await the outcome from the Federal Reserve’s two-day policy meeting and comments from Fed Chair Jerome Powell later in the day.

Dow futures slipped 5 points. Both S&P 500 futures and Nasdaq 100 futures were also trading lower.

On Wednesday, the Fed will release new economic and interest rate forecasts, which could indicate Fed officials expect to raise rates by, or even before, 2023. The central bank is expected to acknowledge stronger growth, which should put the Fed’s easy policies in the spotlight,…



Source cnbc.com

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