Investors are treating a rate hike today like a foregone conclusion. Here's what's in focus for stock, oil, and bond yields going forward.

If the Fed opts against raising interest rates on Wednesday, investors will probably increase their forecasts for inflation, injecting new turmoil into the government bond market.

The FOMC is expected to raise the federal-funds target range to 3.75%-4% when it releases its rate decision on Wednesday at 2 p.m. Eastern. Warsh will later speak to the media in a press conference slated to start at 2:30 p.

Gargi Pal Chaudhuri, of BlackRock, recommends investors stay invested in the artificial-intelligence sector but broaden into themes like quality and healthcare.

The White House, for now, is playing nice. National Economic Council Director Kevin Hassett told CNBC on Tuesday that he and the president would respect Fed Chair Kevin Warsh regardless of what the central bank decides to do with rates.

Treasurys strengthened slightly as markets were near-certain the Federal Reserve will raise rates later Wednesday by a quarter-point.

Barely four months into the job, Federal Reserve Chair Kevin Warsh is stuck between two strong and opposing forces: Financial markets that anticipate the central bank will raise interest rates, and President Donald Trump,

Elevated oil prices and sticky inflation have prompted Nomura to add more rate hikes to its monetary forecasts, though less than what the market is pricing.