7 Crypto Stats that Prove it is Mainstream.

WASHINGTON (AP) — 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, who wants the Fed to cut them or leave them unchanged.Economists expect that on Wednesday, Warsh and his fellow policymakers will side with the markets.Warsh,  » Read more about: Federal Reserve Expected To Raise Interest Rates For First Time In Three Years  »

The time has finally come for the Fed to adjust interest rates — or so the market says.Investors are pricing in more-than-90% odds of a quarter-point increase when the central bank announces its decision at 2 p.m. ET. Meanwhile, the 10-year Treasury yield has pushed above 5%, its highest level since 2007 — a reminder that the bond market is not waiting for the Fed to make borrowing more expensive.

 » Read more about: A Fed rate hike will grab headlines today, but these 3 storylines hold the bigger clues for investors  »

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Goldman Sachs reduced Tesla’s third-quarter delivery projection to 435,000 units from a prior estimate of 490,000, pointing to softening demand across major markets including China, the United States, and Europe.
The new Q3 projection falls short of the Wall Street consensus forecast of 456,000 vehicle deliveries.

 » Read more about: Tesla (TSLA) Stock Downgraded: Goldman Sachs Slashes Q3 Delivery Projections Amid Demand Concerns  »

Federal Reserve Chairman Kevin Warsh and his colleagues are widely expected to raise their benchmark interest rate Wednesday, in an effort to tamp down demand and bring prices under control.

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Win McNamee/Getty Images

The Federal Reserve is widely expected to raise interest rates Wednesday,

 » Read more about: The Fed is expected to raise interest rates for the first time in 3 years  »