European Union Leaders Meet Amid War in Ukraine, US Releases Delayed Labour Market Data
AI Summary1 min read
TL;DR
EU leaders discuss using frozen Russian assets to fund Ukraine, as the US releases delayed economic data. Central banks worldwide hold year-end meetings, with the Bank of Japan likely to raise rates and the Fed's actions unclear.
European Union leaders meet to secure a deal to use frozen Russian cash for Ukraine funding, while the US releases delayed labor market and retail sales data. Central banks in the euro area, Japan, Britain, Norway, and Sweden hold their last meeting of the year. The Bank of Japan is expected to hike rates, and the Federal Reserve's next move is uncertain.
