Pages

Friday, December 7, 2012

Monetary

News                                                                                                                             
Bloomberg | Fed Exit Plan May Be Redrawn as Assets Near $3 Trillion
A decision by the Federal Reserve to expand its bond buying next week is likely to prompt policy makers to rewrite their 18-month-old blueprint for an exit from record monetary stimulus.
Market Watch | Majority of ECB council open to rate cut: report
The euro extended a loss versus the dollar Friday after a news report said a majority of European Central Bank Governing Council members were open to a cut in the central bank's key lending rate when they met a day earlier.