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Thursday, August 11, 2011

Monetary

News                                                                                                                             
WSJ | Higher Food Prices on Way
The Rising Cost of Commodities This Year Could Hit Store Shelves in 2012.
WSJ | ECB Notes 'Close Call' on Inflation
The European Central Bank's decision next month on whether to temper its inflation warning is a "close call," a top official said in an interview, suggesting sharply weaker economic growth and falling oil prices may spur the central bank to rethink the need for additional rate rises later this year.