Wall Street edges higher ahead of the Fed's decision as oil prices and bond yields ease | National News | 2news.com - KTVN

U.S. equities moved modestly higher as investors positioned ahead of the Federal Reserve's latest policy decision, with easing oil prices and softer bond yields providing a supportive backdrop. The calm tone suggests markets are less focused on the near-term rate outcome than on the Fed's guidance about the path ahead.

Bond yields and oil are two inputs that feed directly into inflation and borrowing costs, so their retreat can relieve pressure on equity valuations, particularly in rate-sensitive sectors. Lower energy prices also ease headline inflation, which in turn can influence how much room the Fed feels it has to adjust policy.

What to watch: the Fed's statement language, any update to its rate projections, and Chair commentary on inflation and growth. Markets will also track whether the move in yields and crude is sustained or merely a pause. The reaction may hinge less on the decision itself than on how clearly policymakers frame the outlook.