Futures slip as investors remain cautious ahead of Fed meet

* The central bank is unlikely to raise rates at this meeting but investors will watch for any hints from Fed Chair Janet Yellen at a press conference after the meeting on Wednesday about the timing of a possible rate increase. * The Fed has said it remains data-dependent and will raise rates only when it sees an improvement in the economy. * World markets were down with European shares hitting a near four-month low as financial markets braced for the possibility of Greece defaulting on its debt.

Futures slip as investors remain cautious ahead of Fed meet source: http://finance.yahoo.com/news/futures-slip-investors-remain-cautious-112736776.html