EIA Petroleum Status Report including ethanol production at 9:30 a.m. CDT
FOMC Interest Rate Decision followed by Fed Chair Powell press conference at 2 p.m. CDT
Weather
A strong storm system continues to develop across the Central Plains and into the Midwest on Wednesday. A band of heavy rain and snow is developing on the north side of the system with heavy snowfall rates. Strong winds with the system will create blizzard conditions where the snow falls, and potential damage and dust storms elsewhere. Severe storms are forecast in the Midwest as well, with a focus on Illinois into Indiana.