According to CoinMeta, "the new King of Debt" Gankor stated that it is currently unclear why the Federal Reserve is delaying further interest rate hikes. He pointed out that the Fed's policy rate is between 3.75% and 4%, which is significantly lower than the current yield on two-year U.S. Treasury bonds, which is around 4.7%. He believes that the Fed needs to raise rates further from this level. He also mentioned that if oil prices do not fall significantly, the Fed will have to raise rates in December.