BNY strategist sees one more Fed hike in December, 2027 path unclear
- —Velis: a December hike hinges on how much tightening is still needed amid the inflation shock
- —Middle East tensions and oil prices are the key variables for the December decision
- —Easing tensions and lower oil would reduce the need for another hike
- —The 2027 path remains uncertain; this is a BNY strategist's view, not an official Fed decision
Why it matters: A hawkish Fed signal weighs on risk assets including crypto; a shift in oil and geopolitics could alter the rate path.
Source: TokenPost