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Wednesday, December 7, 2011

Monetary

News                                                                                                                             
Washington Times | Bernanke denies hiding size of crisis loans
Federal Reserve Board Chairman Ben Bernanke denied Tuesday that he had hidden the true size of the bank’s emergency lending to Wall Street from Congress and the American people.
Bloomberg | ECB Officials Said to Plan Additional Measures to Stimulate Bank Lending
The European Central Bank may announce a range of measures tomorrow to stimulate bank lending, said three euro-area officials with knowledge of policy makers’ deliberations.