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Fed Preview: Powell Likely to Raise Rates by 25 Basis Points Against Crypto Market's Hope for Status Quo

Not raising rates now may make it more difficult later, some analysts say.

Updated Mar 21, 2023, 2:50 p.m. Published Mar 21, 2023, 10:53 a.m.
Traders are projecting what the Federal Reserve will announce with interest rates on Wednesday. (Jesse Hamilton/CoinDesk)
Traders are projecting what the Federal Reserve will announce with interest rates on Wednesday. (Jesse Hamilton/CoinDesk)