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Wednesday, October 23, 2013

Monetary

News                                                                                                                             
Bloomberg | ECB Says Bank Review to Be More Credible Than Before
The European Central Bank’s probe into the health of Europe’s banks will be more credible than previous exercises because the institution itself will have to deal with the outcome, the official overseeing the test said.
WSJ | U.S. Import Prices Up 0.2%, Driven by Fuel
Prices of goods imported into the U.S. rose slightly last month, signaling subdued inflation amid slow global economic growth. Import prices were up a seasonally adjusted 0.2% in September from a month earlier, the Labor Department said Wednesday, led by rising fuel costs. That was in line with the forecasts of economists surveyed by Dow Jones Newswires.