* No change in rates expected for Wednesday’s Fed meeting, but…
* Central bank’s comments on possible future actions will be in focus
* OPEC losing control of oil market as US production offsets cuts
* China’s deflation is deepening as consumer prices fall at fastest rate in 3 years
* FDA approves gene-editing therapy for sickle cell disease
* US Consumer Sentiment Index rebounds in Dec, reversing recent declines:

Some strategists expect a record high for US stock market in 2024. Yahoo Finance reports: “Top Wall Street strategists including at Deutsche Bank AG and RBC Capital Markets are also predicting an all-time high for US stocks next year, as they say the S&P 500 has now adapted to the higher rate environment. Not everyone is as optimistic. Bank of America Corp. strategist Michael Hartnett said while a pullback in yields in recent months had certainly fueled equity gains, a further drop to near 3% next year would signal a sputtering economy and end up being a drag on stocks. Indeed, about 33% of survey participants said they expect an exhausted consumer to represent the biggest risk to the rally next year.”