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Fed Preview: Powell Likely to Raise Rates by 25 bps Against Crypto Market’s Hope for Status Quo

Marc Ostwald, the chief economist and global strategist at ADM Investor Services International (ADMISI), said, “the Fed still views the banking sector as being well capitalized, and it will want to stress that the inflation battle is not won, and it remains too high, so a 25 bps hike seems very likely.”

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