Markets Await Federal Reserve's September Statement This Week

The Federal Reserve takes center stage for the week of September 19. On Wednesday, the Fed releases its September statement and Chair Janet Yellen delivers a press conference at 2:30 p.m. Eastern. Investors only see a 15% chance of a rate hike at this meeting. The Fed raised interest rates for the first time in almost ten years back in December 2015. As for corporate earnings, on Tuesday, home builders Lennar (LEN) - Get Report and KB Home (KBH) - Get Report report quarterly results, along with Adobe Systems (ADBE) - Get Report and FedEx (FDX) - Get Report . On Wednesday, the markets await earnings from General Mills (GIS) - Get Report , CarMax (KMX) - Get Report and Bed Bath & Beyond (BBBY) - Get Report . Rite Aid (RAD) - Get Report and AutoZone (AZO) - Get Report release earnings on Thursday. TheStreet's Scott Gamm reports from Wall Street.