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Good morning from the Financial Times. Today is Wednesday, December 14th,

and this is your FT News Briefing.

US officials have accused Sam Bankman Freed of

engineering one of the biggest financial frauds in American history.

A software US inflation report is unlikely to deter the federal reserve

from its course today, and US scientists have achieved a breakthrough

that the US Energy Secretary calls.

One of the most impressive scientific feats of the 21st century.

Our energy correspondent Tom Wilson will give us his take on this latest effort

to harness the limitless power of nuclear fusion.

I'm Mark Filipino and here's the news you need to start your day.

The federal reserve meets today to make its next decision on interest rates.

This comes after new inflation data.

Now yesterday showed another slowdown in the pace of consumer price increases.

November CPI rose 7.1%.

The FT's Colby Smith says that's unlikely to sway Fed officials.

So regardless of where inflation came in at yesterday, the Fed is very committed.

To raising interest rates by half a percentage point, which would mark,

you know, a slowdown in the pace at which it is tightening monetary policy.

Now where the inflation report could have an impact is in intensifying the debate

...