Top-of-mind economic news as we start the week:
— Federal Reserve keeps key interest rate unchanged and foresees 3 rate cuts next year.
— Retail sales rose 0.3% in November vs. expectations for a decline.
— Federal Reserve lowers inflation forecast for 2023, seeing core PCE falling to 2.4%.
— European Central Bank holds rates and trims its inflation forecast.
— Australia releases anti-greenwashing guidance for companies.
Find out how all major financial markets are performing and why.
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