The answer will come in the form of the "dot plot," a chart updated quarterly that shows each Fed official's prediction about the direction of the central bank's benchmark interest rate. The last dot plot,

Investors continue to absorb heightened Middle East tensions and the Federal Reserve will give its monetary policy update at 2 p.m. Eastern time.

Wall Street trades in the red on Tuesday, weighed down by ongoing geopolitical tensions and weaker-than-expected U.S. retail data. The Israel-Iran conflict entered its fifth day, adding to market unease,