Asian stocks declined on Wednesday, as investors awaited the Fed's monetary policy decision, the summary of economic projections and the updated quarterly rate projections — known as the dot plot —at the conclusion of a two-day policy meeting later in the day.
The U.S. central bank is expected to maintain current interest rates despite persistent inflation exceeding the target range. New projections may show at least one more rate hike this year.
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Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.