US stocks slip ahead of Fed's decision on interest rates following bank crisis

• US stocks slipped Wednesday before the Federal Reserve's March rate decision. 
• Traders were pricing in expectations for a rate rise of 25 basis points. 
• The Fed's decision is the first since SVB's collapse set off distress in regional banks. 

US stocks edged lower Wednesday as the Federal Reserve prepared to release its March decision on interest rates, with policy makers weighing distress in the banking industry following the blow-up of Silicon Valley Bank alongside still over-target inflation levels.