U.S. stock index futures were little changed before the start of the Federal Reserve’s two-day meeting on Tuesday that could lay out plans to begin reducing its stimulus measures.
Investors were hesitant to make big moves before the decision by the policy-making Federal Open Market Committee on whether to scale back its monthly $85 billion in bonds to aid the economy. Many investors expect the Fed will taper purchases a modest $10 billion a month.
The FOMC meeting statement will be released on Wednesday followed by Fed Chairman Ben Bernanke’s news conference.
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