Investors will be poring over the minutes to spot any indications of when the U.S. central bank may choose to raise interest rates, while looking out for what the institution thinks about the current state of the economy.
Ahead of the release, New York Fed President William Dudley is expected to participate in a fireside chat with the Business Council of New York State in Albany, New York.
On top of that, Kansas City Fed President Esther George is due to appear at the Federal Reserve Bank of Chicago's Annual Payments Symposium in Chicago on Wednesday.
Aside from the Fed, investors will be also keeping an eye on the fluctuating moves seen in the oil price. Prices posted some gains early on Wednesday, boosted by news of record Indian oil imports and hopes of an output cut by leading OPEC producers.
Around 8:15 a.m. ET, U.S. WTI stood around $51 per barrel, while Brent crude hovered around $52.65 a barrel.