Markets brace for crucial Fed decision as crude oil tumbles.

Bob Iaccino of Path Trading Partners breaks down the latest market moves as equity futures trend mixed and crude oil slides below $77 to its lowest level since March. He highlights global central bank actions, including the Bank of Japan's rate hike and the Reserve Bank of Australia's pause. Finally, he previews tomorrow's highly anticipated FOMC policy decision-the first led by Chair Kevin Warsh-where Wall Street will closely watch the dot plot and economic projections for signs of a hawkish bias shift amid sticky inflation.