Fed Chair Jerome Powell. (Photo: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

US stocks are little changed Wednesday ahead of the Federal Reserve’s interest rate decision. The S&P 500 opened 0.1% lower, while the tech-heavy Nasdaq slipped 0.2%. The Dow Jones Industrial Average traded along the flatline.

Wall Street is anticipating a third straight rate cut at Wednesday’s meeting, with attention centered on the latest dot plot, economic projections and comments from Fed Chairman Jerome Powell. Money markets are pricing about two quarter-point cuts for 2026, as per reports.

The Fed has previously eased rates by 0.25% at two successive meetings to prevent a softening job market from worsening into a sharp unemployment spike.

The central bank’s rate decisi

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