The Federal Reserve is widely expected to keep interest rates steady at 4.25%-4.50% on Wednesday, but for Wall Street, the stakes couldn't be higher. After a brutal tech selloff erased trillions in market value on Monday and President Donald Trump ramped up pressure for immediate rate cuts last week,

Respondents dialed back their expectations for interest rate cuts but still believe the central bank will ease this year.

Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on cutting interest rates.