Week InAdvance | Mon Dec 17 WTO reviews trade policy. | Tue Dec 18 China's 40th reform anniversary. | Wed Dec 19 FSOC meets on nonbank SIFIs, digital assets, DLT. FOMC rate decision. | Fri Dec 21 Winter solstice. Quadruple witching day.
Monday | Dec 17, 2018
at the agencies

Tuesday, Dec 18 -
Wednesday, Dec 19
FEDERAL RESERVE
The Fed's Federal Open Market Committee holds its final two-day rate meeting of 2018, with the Fed expected to lift interest rates by 25 basis points. It will also update its economic projections and the so-called dot plot of interest rate projections, with two fresh dots. On Wednesday, the FOMC announces its monetary policy decision at 2 pm EST; Fed Chair Jerome Powell holds press conference at 2:30 pm EST.

Wednesday, Dec 19
TREASURY DEPARTMENT
Financial Stability Oversight Council meets. Open session agenda includes FSOC's 2018 annual report. Executive session agenda includes the current expected credit losses accounting methodology, the work of FSOC's digital assets and distributed ledger technology working group, and potential amendments to FSOC's interpretive guidance on nonbank financial company designations.

Wednesday, Dec 19
SECURITIES AND EXCHANGE COMMISSION
The SEC will vote on whether to adopt hedging disclosure rules required by the 2010 Dodd-Frank law. The open meeting will also include votes on the Public Company Accounting Oversight Board's 2019 budget and whether to propose a rule that would let funds get shares of other funds without securing special permission from the SEC first. Complete agenda here.
on the hill

Senate in session; meets at 3 pm on Monday.

House in session; first votes expected at 6:30 pm Wednesday; schedule subject to change.
across the globe

Monday, Dec 17 -
Tuesday, Dec 18
VIENNA, Austria
Officials from the European Union and Africa hold a high-level forum to discuss economic and business cooperation.

Tuesday, Dec 18
BEIJING, China
Chinese President Xi Jinping marks the 40th anniversary of Deng Xiaoping's opening of the nation's economy to the world, an event which precipitated the greatest creation of wealth in history.

Wednesday, Dec 19 -
Friday, Dec 21
BEIJING, China
Chinese leaders begin their annual economic policy-setting meeting  as pressure mounts to address U.S. concerns over market access before a March 1 deadline for trade talks.
other events

Monday, Dec 17
WASHINGTON DC
Alan Wolff, deputy director-general of the World Trade Organization, addresses the status and outlook for the global trading system a t the Peterson Institute for International Economics (PIIE).

Monday, Dec 17 -
Wednesday, Dec 19
WASHINGTON DC
World Trade Organization's Trade Policy Review Body meets.

Friday, Dec 21
DECEMBER SOLSTICE
5:23 pm EST marks the start of winter in the Northern Hemisphere and the first day of summer in the Southern Hemisphere.

Friday, Dec 21
QUADRUPLE WITCHING DAY  
Expect elevated trading volume, particularly in the last hour of trading. Quadruple witching  is the simultaneous expiration date of stock index futures, stock index options, stock options and single stock futures.  The last hour of these trading days, from 3:00 to 4:00 p.m. EST, is referred to as the quadruple witching hour. On quadruple witching days, and especially during quadruple witching hours, many investors attempt to unwind their futures and options positions before the contracts expire.
transparency. inclusiveness. consensus.
The Association of Institutional INVESTORS is a member-led organization of institutional investment advisors that represents the interests of investors and strives to advance good practices and promote fair and efficient financial markets through open engagement with policy makers and others.
Association of Institutional INVESTORS
One Financial Center, 5th Floor
Boston MA 02111-2660