Japanese stocks slipped at the start of trading as investors adjusted positions before the U.S. Federal Reserve's FOMC announcement.
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Terms & Concepts
FOMC (Federal Open Market Committee): The policy-making body of the U.S. Federal Reserve, responsible for setting interest rates and guiding monetary policy.
Nikkei 225: A stock market index for the Tokyo Stock Exchange, tracking the performance of 225 large, publicly owned Japanese companies.