Global Markets: Greta Thunberg named Time’s person of the year

By MarketsFarm

WINNIPEG, Dec. 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.

– The United States Federal Reserve is widely expected to be holding interest rates unchanged in its last policy announcement of the year later Wednesday. The U.S. consumer price index was up by 0.3 per cent in November, beating expectations.

– Swedish teen climate activist Greta Thunberg has been named Time magazine’s person of the year for 2019. Thunberg gained international attention for her campaign to address the global climate crisis.

– United Kingdom Prime Minister Boris Johnson is in his final day of campaigning ahead of a parliamentary election on Thursday. Polls are pointing to a small majority government for Johnson’s Conservative government, although Jeremy Corbyn’s Labour Party has gained ground over the course of the campaign. A Conservative win would help move Brexit forward quickly, while a Labour government has promised to hold a new referendum on leaving the European Union.

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