Asia markets set to slip ahead of Fed meeting
div > div.group > p:first-child"> Japan's Nikkei 225 fell 0.59 percent as shares of index heavyweight Fast Retailing, the company behind the Uniqlo chain of apparel stores, slipped 0.24 percent. The Topix index also declined 0.64 percent.
The moves came ahead of a two-day monetary policy meeting by the Fed, set to begin on Tuesday. Market expectations for a rate hike are at zero, according to the CME Group's FedWatch tool. However, investors will look for clues about the central bank's economic outlook. The Fed had signaled it will be"patient" in raising rates at its previous meeting this year.
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