Three things to watch for:

  1. Comments on how strong the economy is and how confident the Fed is about growth. If the Fed sounds unsure, the US dollar could give back some gains.
  2. Disinflation problems. If the Fed brushes off disinflation worries, it’s good news for a the dollar, and extended discussion could weigh.
  3. Business investment. If the Fed doesn’t see signs of business investment, watch our for pain in the stock market.