the conclusion of its two-day policy meeting on Wednesday, given the downward pressure on both U.S. stocks and Treasuries on Tuesday.
Fed Chair Jerome Powell and other hawks on the Fed's policy-setting committee may have been persuaded.
that they must do more than simply stay the course as they struggle to control inflation, according to fed-funds futures traders,
who worry that last week's August consumer-price index print, coupled with the still-robust labour market, may have given that impression.
Many fear that by effectively eliminating the possibility of a "soft landing" for the U.S. economy, bringing the hammer down so hard would risk igniting chaos across markets.
Some on Wall Street contend that investors are underestimating the likelihood that the Fed would deliver a surprise 100-basis-point interest-rate hike
Others are more worried that failing to control markets today could lead to much worse outcomes in the future.