Stocks Flat As Fed Preps New Inflation Fight -Five Things To Know

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Here are five things you must know for Wednesday, December 15:

1. — Stock Futures Steady Ahead of Crucial Fed Policy Decision 

U.S. equity futures edged traded mixed Wednesday, with investors keeping risk appetite in check ahead of perhaps the the most crucial Federal Reserve policy meeting in at least two years.

Markets are expecting a hawkish tone to today’s statement, expected at 2:00 PM Eastern time, with bets on an accelerated timeline for reducing the pact of its $90 billion in monthly bond purchases and hints of a mid-2022 rate hike as inflation continues to surge past previous targets. 

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