jerome powell
Federal Reserve Board Chairman Jerome Powell arrives at his news conference following the closed two-day Federal Open Market Committee meeting in Washington, U.S., May 1, 2019.
  • The Fed meeting this week will be the first since a flurry of bank failures threw markets into chaos. 
  • Market heavyweights such as Jeff Gundlach and Steve Eisman have been discussing what they see is next for rates. 
  • Odds are tilting toward a rate hike of 25 basis points at the March 22 meeting. 

To raise or not to raise interest rates: that's the question facing the Federal Reserve at its policy meeting this coming week, the first since three US banks failed and sparked fears about a brewing financial crisis.