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Friday, December 16, 2011

Monetary

News                                                                                                                             
Market Watch | U.S. wholesale prices rise 0.3% in November
U.S. wholesale costs rose modestly in November as the price of food increased, mostly for vegetables and chicken.
Market Watch | Dollar scales back some recent gains
The dollar further scaled back some of its recent advances against the euro and other major currencies Friday, showing mild signs of investor appreciation of strong U.S. data and a modest rebound on Wall Street and in Asian stocks.

Blogs                                                                                                                             
WSJ | Fed Reports Borrowing From Foreign Central Banks
The Federal Reserve‘s dollar-liquidity facility for central banks was reported as $52.387 billion in the week ended Wednesday, driven largely by demand from the European Central Bank.