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Before the bell: FedEx big miss, loonie retests lows Add to ...

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The Before the Bell report is constantly updated to reflect the latest news developments and market moves in the premarket. Check back later for updates.

U.S. and Canadian stock futures are drifting higher this morning, and markets are likely to stay subdued until 2 p.m. (ET) today, when the U.S. Federal Reserve will release its monetary policy statement and updated economic forecasts. The Fed's new chair, Janet Yellen, will be holding her first press conference 30 minutes later.

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