The Fed is likely to hike rates by a quarter point but it must also reassure it can contain a banking crisis

• The Federal Reserve is expected to increase interest rates by a quarter point Wednesday, even with concerns about stress in the banking system.
• The central bank is also expected to release projections about the economy and the path of rate hikes, though some economists say it may have a difficult time making those forecasts due to uncertainty.
• Investors are also looking for assurances from the Fed that the issues with regional banks will be contained.

https://www.cnbc.com/2023/03/21/fed-likely-to-raise-rates-by-a-quarter-point-but-it-must-also-reassure-markets-on-banking-system.html