The Bureau of Labor Statistics will release the February Producer Price Index report on Wednesday morning at 7:30 a.m. CDT. Later in the morning, EIA will be out with the weekly Petroleum Status report at 9:30 a.m. CDT, which will include last week's ethanol production. At 1 p.m. CDT, the Federal Reserve will announce their interest rate decision and are widely expected to hold rates steady. Fed Chair Jerome Powell will speak following the decision.
Weather
Cold air in the East contrasts with record warmth building in the West. That warmth is spreading through the Plains into the Mississippi Valley on Wednesday. A little mix of rain and snow is ushering the warmer air into the Midwest, but otherwise it will be a drier day.