Major business and economic events scheduled for Wednesday:

Major business and economic events scheduled for Wednesday:

WASHINGTON Federal Reserve policymakers meet to set interest rates.

BRUSSELS The European Union's executive arm is presenting a long-awaited banking reform proposal aiming at protecting a bank's retail business from more risky trading operations. The EU Commission proposal is set to become a cornerstone of the 28-nation bloc's financial market overhaul to avoid a repeat of the crisis experienced in 2008-9. The proposal is also widely expected to include curbs on the biggest bank's proprietary trading.

ROME Italian carmaker Fiat, which has completed its purchase of Chrysler, announces its full-year 2013 earnings.

Novartis reports quarterly financial results.

Deutsche Bank AG reports quarterly financial results.

Nintendo reports quarterly financial results before the market open.

WellPoint Inc. reports quarterly financial results before the market open.

Chrysler reports quarterly financial results before the market open.

Boeing Co. reports quarterly financial results before the market open.

Facebook Inc. reports quarterly financial results after the market close.

Las Vegas Sands Corp. reports quarterly financial results after the market close.