Futures steady ahead of Fed decision
- U.S. stock index futures are still in a holding pattern as investors guess whether the U.S. and China will announce some form of trade deal before Sunday.
- Eyes are also on the Fed's last policy meeting of 2019. The central bank is expected to keep rates steady after completing a year-long U-turn that saw it abandon a tightening cycle and lower borrowing costs three times.
- A key indicator of inflation trends, the Consumer Price Index, will additionally be released this morning and is predicted to be in line with the Fed's 2% annual inflation target.