The FOMC concludes its two-day meeting with their statement due at 1900 GMT and Powell at 1930 GMT.
The US PPI released Tuesday posted a record annual increase of almost 10% in November. As Asian traders digest this data expectations will turn to a more hawkish pivot from the Fed.
- faster QE tapering to be announced
- with rate hikes not far behind
FOMC preview is here:
- Goldman Sachs are watching the FOMC dot plot for near-term USD direction
- Moody's says the Fed's FOMC will be walking a fine and dangerous line this week (preview)
- Fed's FOMC meeting preview
