India, Jan. 29 -- European stocks are seen opening a tad higher on Wednesday as investors look ahead to the Federal Reserve's monetary policy announcement due later in the day.
The U.S. central bank is widely expected to leave interest rates unchanged, but traders will pay close attention to the accompanying statement for clues about the outlook for rates.
Amid much uncertainty about the impact of the Trump administration's policies, it looks like that interest-rate cuts may be on a lengthy pause and the next rate cut may come only sometime in the first half of the year.
Markets also eye rate decision from the European Central Bank, which is expected to diverge from the Fed and cut rates by 25 basis points on Thursday.
On the earnings f...