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US Futures are Lower Ahead of Janet Yellen's Final FOMC Meeting as Fed Chair

US futures are lower ahead of Janet Yellen’s final FOMC meeting as Fed Chair.  Today starts a 2-day FOMC meeting that will conclude with a Fed policy decision at 2pm tomorrow.  While it is widely expected that rates will remain unchanged this meeting, the market will be looking for clues on the path of future rate hikes as talks of a 4th hike in 2018 begin to surface.  At 9am, the market will get a look at home prices in November and at 10am, consumer confidence in January.  European shares are lower as material shares lead lower.  Asian shares closed lower with tech stocks under pressure as some Apple suppliers reacted to news of potential production cuts.

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