US stock futures mostly unchanged ahead of Fed meeting
U.S. stocks are set to open lower, consolidating gains made in the last two consecutive sessions as Federal Reserve officials kick off their policy meeting on Tuesday.
Almost no one expects the Fed to resume cutting interest rates. Instead, everyone will be interested in how the Fed sizes up the economy and inflation in coming months and years, especially if President Donald Trump enacts his aggressive tariff plan. Along with its policy statement, the Fed will release its economic projections for inflation, economic growth and the labor market on Wednesday afternoon.
At 5:30 a.m.ET, the broad S&P 500 futures were up 0.64%, while blue-chip Dow futures added 0.85%. Futures on the tech-heavy Nasdaq rose 0.31%.
Medora Lee is a money, markets, and personal finance reporter at USA TODAY. You can reach her at mjlee@usatoday.com and subscribe to our free Daily Money newsletter for personal finance tips and business news every Monday through Friday morning.
This article originally appeared on USA TODAY: US stock futures mostly unchanged ahead of Fed meeting
