India, Oct. 28 -- The United States Federal Reserve commenced its two-day Federal Open Market Committee (FOMC) session on Tuesday, October 27, concluding on Wednesday, October 28, during which policymakers will announce their interest rate determination.

Although market participants anticipate that the central bank will maintain its current interest rate levels, the messaging conveyed through its policy statement and the accompanying press conference will play a pivotal role in shaping market movements.

The FOMC responsible for establishing monetary policy and meeting on eight occasions annually, is set to release its interest rate determination on Wednesday, 29 October.

Investors will scrutinize the official statement and Federal Rese...