Bank of America Global Research previews the FOMC minutes from the September meeting, due on Wednesday.

"Sep FOMC minutes should reveal the degree of hawkishness, appetite for further hikes, and views on recent inflation data.

The minutes should provide greater insight into the Fed's decision to raise rates in Sep. While the committee voted unanimously, investors will be looking for clues on whether there is meaningful disagreement over how much additional tightening may be needed," BofA notes.

"Does the FOMC view the move as a midcycle adjustment, or are there broader concerns that could warrant a full-blown hiking cycle? We also expect the minutes to shed more light on how policymakers interpreted the latest inflation data," BofA adds.