Federal Reserve Decision Looms Amid Interest Rate Uncertainty

The Federal Reserve is set to announce its monetary policy decision on Wednesday at 2 p.m. ET, which will likely focus on whether to continue tightening interest rates or adopt a more cautious approach.

Investors are looking for clues about the central bank's intentions and updated projections on US economic growth, inflation, and interest rates.

The market has already priced in much of the expected move, but investors will closely watch the accompanying policy statement and Fed Chair Kevin Warsh's press conference at 2:30 p.m. ET.