Earlier previews are here:

FOMC preview: 50bps & trimming the bs

FOMC previews from down under

FOMC preview: " A move other than a half percentage point hike would be a surprise"

What's priced in for the FOMC

BoA are focused on Powell's press conference following the FOMC statement

Former top Fed policy staffer suggests neutral rate could be 5% (not really a preview, but an eye-opener)

Barclays FOMC preview - 50bp hike already signaled - eyeing Powell's press conference

Adding a few more snippets:

RBC

  • A 50 basis point increase in the fed funds target range is expected
  • We expect that to be followed by an additional 150 bp in rate hikes this year – with the risk that those hikes come sooner rather than later

TD:

  • likely 50bp hike in the Funds rate at the May FOMC meeting has been widely telegraphed by a number of Fed officials, including Chair Powell
  • We believe the focus for markets will lie elsewhere, particularly on any guidance regarding the Fed's policy path in the near term
  • Balance-sheet runoff plans will also be in the spotlight
  • We now expect the Fed to deliver 3 consecutive 50bp hikes (in May, June, and July) and subsequently hike rates by 25bp per meeting until they reach a terminal funds rate of 3.25% by March 2023
Powell welcome to the Jungle meme