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<ul class="news-points"> 
 <li>Federal funds rate could see an uptick, the highest in 17 years.</li> 
 <li>Economic indicators set to drop this week could raise investors’ concerns.</li> 
 <li>The cryptocurrency market is likely to be unaffected by sentiments in the traditional market.</li> 
</ul> 
With several economic indicators set to drop this week, investors’ and consumers’ spending could be positively or negatively impacted. The indicators which monitor economic performance in the traditional market often influence investors’ and consumers’ spending. 
In the lead is the Federal Open Market&nbsp; Committee (FOMC) which is set to have its meeting today, amidst fears of an increased federal funds rate. All speculations point to tighter monetary policy, a decision that could negatively affect investors in the traditional market. 
According to the <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html" target="_blank" rel="noopener noreferrer nofollow">CME Rate Watch Tool</a>, there is a 98% chance that there would be an increase in the federal funds rate, taking the rate to a 525-500 basis. Should this happen, this increased rate will be the highest seen in nearly 17 years. 
Inflation is still high in the U.S., despite the Federal Reserve easing the monetary tightening, briefly, last month. Nonetheless, the Federal Reserve has hinte… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/federal-funds-rate-set-to-jump-will-crypto-market-survive-the-aftermath/">Federal Funds Rate Set to Jump, Will Crypto Market Survive the Aftermath</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Federal Funds Rate Set to Jump, Will Crypto Market Survive the Aftermath

Coin Edition

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