The minutes of the Federal Reserve's March policy meeting are due to be published on Wednesday revealing whether the central bank came close to postponing interest rate increases after the failure of two regional banks. Despite considering a pause, Fed policymakers believed they could respond to various problems with different tools such as higher interest rates to fight inflation and oversight and liquidity programs to keep the financial system stable. The Fed is said to be expected to raise rates by another quarter of a percentage point next month, but stress in the banking industry could cause pause.
