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Thursday, January 5, 2012

Monetary

News                                                                                                                             
WSJ | Slowing Inflation Gives Europe More Options
First Decline Since Summer Gives ECB More Flexibility on Moves to Tackle Debt Crisis.
Market Watch | China central-bank chief on yuan, 2012 forecasts
The Central Economic Work Conference clearly articulated macro-economic policy, taking into account two considerations: Efforts to prevent an economic downturn, and efforts to restrain inflation.
Fox News | US declines to cite China as currency manipulator
The Obama administration on Tuesday declined to label China a currency manipulator after seeing recent increases in the value of the yuan compared to the dollar.