According to CoinMeta, strategist Beichen Lin stated in a report that even if U.S. CPI data in October slightly exceeds expectations, it could make a December interest rate hike by the Federal Reserve a foregone conclusion. Following a strong employment report and other signs indicating economic resilience, the Fed will have little patience with inflation. In addition to key inflation figures, another critical focus will be on the extent of inflationary pressures, which will play a key role in determining the future path of monetary policy decisions. Mortgage rates remain high, weighing on the housing market, and this could help contain some of the inflationary pressures.