The Fed is expected to stay pat on interest rates when issues its policy statement and projections. However, it's is widely expected to "normalize" its $4.5 trillion balance sheet, through what some are calling "quantitative tightening." Yahoo Finance's Alexis Christoforous, Jared Blikre and Michelle Girard, managing director and chief US economist at NatWest Markets discuss how prepared the markets are for this unprecedented move by the Fed.
The economic highlight of the week will take place on Wednesday — the Federal Reserve's latest policy announcement.
U.S. stock benchmarks switch between small gains and losses Wednesday morning as investors trade skittishly ahead of the Federal Reserve’s coming monetary-policy update.