Fed: FOMC will meet as planned, despite the inclement weather

The US central bank, the Federal Reserve (Fed) is out with a statement on Wednesday, confirming that the FOMC meeting will go ahead as scheduled, despite the bad weather.

Key Quotes:

“Federal government offices in Washington, D.C., will open on a 3-hour delay January 30 due to inclement weather. 

Federal Open Market Committee will meet as planned; FOMC statement will be released as scheduled at 2 p.m. EST, Chairman's news conference will start at 2:30 p.m. EST.”