Futures little changed as Fed meeting to begin

U.S. stock index futures were little changed on Tuesday ahead of consumer price data and as the Federal Reserve prepared to begin its last policy-setting meeting of the year. * Although many in the market expect the Fed to begin to wind down its market-friendly $85 billion a month in asset purchases in March, some are betting on an earlier pullback due to a string of better-than-expected economic data. * The Fed has said its current policy is data-dependant, and some market participants believe the U.S. central bank will upgrade its estimates for economic activity after a two-day meeting that is set to begin later on Tuesday. * The U.S. Labor Department releases its November Consumer Price Index at 8:30 a.m. EST (1330 GMT).


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