Dow futures are falling, the S&P 500 and Nasdaq are rising in premarket trading as the stock market focuses on the Federal Reserve's coming interest-rate decision.

Federal Reserve Chair Jerome Powell holds a news conference following the central bank's decision on interest rates.

"Before we do anything, we have to get the kids fed," the president said. After saying earlier on Monday he would reduce the 50-day window he gave Russia to agree to a peace deal with Ukraine or face severe sanctions, President Donald Trump set a new timeline.

Under normal circumstances, a pair of dissents in favor of a rate cut would be taken as a sign the Fed is taking a dovish turn, Tom Essaye, editor of Sevens Report Research, wrote in a Tuesday note. It would be signal that policymakers are moving in favor of easing, making a reduction at the next meeting a more likely event.

A Trump-Powell clash could shake up interest rates, inflation and your summer spending. Here are 3 ways it might hit your wallet.

When the Fed cut short rates in the fall, long-bond yields spiked.

For the past several months, the average 30-year fixed mortgage rate has sat between 6.5% and 7%. Prospective homebuyers shouldn't hold their breath for that to change anytime soon. On July 30, the Federal Reserve is expected to keep borrowing rates the same at its fifth monetary policy meeting this year.

A U.S. District Court judge rejected a bid to force the Federal Reserve to open to the public a meeting on setting interest rates this week. The decision found that the Federal Open Market Committee is not a government agency subject to the federal "Sunshine Act" requiring open meetings.