The Fed’s December decision is becoming more complicated. Stronger US jobs and CPI data have strengthened expectations of further rate hikes. The debate is now about the pace: one 50 bps increase or multiple 25 bps hikes. Nomura even expects another hike in March 2027, beyond December. A stronger dollar and rising Treasury yields show markets are taking the tightening risk seriously. How much pressure could this put on Bitcoin and other risk assets? #FedRatePath2027