U.S. inflation was 7.1% in November, lower than forecasted, wh | OnwardBTC | simple trading

U.S. inflation was 7.1% in November, lower than forecasted, which led to a rise in cryptocurrencies and stock markets.
The market is watching to see how the Federal Reserve will respond in its interest rate decision tomorrow, with expectations that it will slow down the pace of its recent increases.
The data will give an idea of how market pricing for the Fed's terminal rate will clash with the dot plot projections that will be announced tomorrow.