There will be no press conference today, only statement.
It's interesting that this major market event became minor market mover last year because of too much transparency and predictability of . Consensus now is that this meeting won't have any surprising message. One thing that set this meeting apart is that QE-3 was completely finished.
So it is almost nothing to worry about.
Nobody expect extension this time.
Goldman Sachs economists expect the FOMC to make only minor adjustments to the statement.
One experienced asset manager (my friend) has noticed that Fed my emphasize its worry about stronger dollar. Fed have some silver bullets to deal with that, e.g. moving rate-hike guidance forward into infinity.
So there's some possibility of dollar weakness after the meeting.
Stock market jumped 9% in the last 10 sessions so the meeting could cause some profit-taking.