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The federal The Federal Reserve holds rates steady and pencils in three rate cuts in 2024. And the Supreme Court will decide on access to the abortion pill Mifaprasstone.

Plus, how China is rewriting the playbook on handling international debt crises.

China still very much thinks of itself as a developing country.

It only very recently has become this wealthy country that lent billions of dollars to the developing world.

So from its perspective, it doesn't necessarily need to accept the rules of these

rich Western countries, which they are trying to impose on to Beijing.

It's Wednesday, December 13th.

I'm Anne Marie Fertoli for the Wall Street Journal.

This is the PM edition of What's News,

the top headlines and business stories that

moved the world today.

The Federal Reserve held interest rate steady, ending its final policy meeting of the year.

The Central Bank signaled that inflation is improving more quickly than expected,

...