What Will the Fed Say Tomorrow?

The Federal Reserve will be meeting today and tomorrow revising their economic forecasts including inflation rates and short-term interest rates. The market is also hoping for some clarity on their inflation rate averaging as the PCE Index has shown inflation of just 1.5% a year for 10 years. Will the Fed allow inflation to run 2.5% for the next 10 years? We don't know. I would love to be a fly on the wall during this meeting. Yes, I am a geek.