On Wednesday, the Energy Information Administration will release the weekly Petroleum Status report at 9:30 a.m. CDT, including last week's ethanol production. At 1 p.m., the Federal Reserve will announce their latest interest rate decision which will be followed by a press conference with new Fed Chair Kevin Warsh.
Weather
A system is moving into the Midwest for Wednesday and has a good chance of spreading severe storms across the region throughout the day. The primary area for severe storms is from Missouri through Indiana, but adjacent areas of the Midwest could see some severe weather, too. In addition, a tropical low-pressure center along the central Texas coastline may become named later Wednesday. But even if it doesn't, it will be producing heavy rain near the coast as well.