0610 GMT - Wednesday's Federal Reserve meeting will undoubtedly be somewhat overshadowed with the Middle East conflict and elevated oil prices, however it could dictate next moves for this very rangebound market, Aptus Capital Advisors' John Luke Tyner says. While a rate cut is off the table, the market will focus on the updated dot plot, dispersion among Fed officials versus the median, and wording of the press conference as to any indication of willingness to look through supply commodity shock price increases, the head of fixed income says. The market has removed the two rate cuts it had priced into markets earlier this year following the oil spike, however these will quickly be repriced were the conflict to end soon, he says. (emese.bartha@wsj.com)

(END) Dow Jones Newswires

March 18, 2026 02:10 ET (06:10 GMT)

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