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Small army of Fed speakers, OPEC on tap for Wednesday

A man walks past the Federal Reserve in Washington, D.C., December 16, 2015.
Kevin Lamarque | Reuters

A flurry of Fed speakers, including the Fed chair, will keep markets busy Wednesday.

There are also mortgage applications at 7 a.m. EDT, durable goods data at 8:30 a.m. EDT and oil inventory data at 10:30 a.m. EDT. OPEC, meanwhile, is meeting in Algeria and could continue to create volatility in oil prices after headlines from there triggered a near 3 percent plunge Tuesday.

Fed Chair Janet Yellen appears before the House Financial Services Committee at 10 a.m. on supervision and regulation.

The Fed chair was personally criticized in the presidential debate Monday night by GOP candidate Donald Trump, who said the Fed's decision to keep rates low was political and that it's creating a bubble in the stock market.