United States: Fed Rattled by Elusive Inflation, but Loath to Sound Alarm Yet
With the U.S. economy humming along at its fastest clip in more than a decade, the Federal Reserve should be confident about its ability to weather a global slowdown and start lifting interest rates around the middle of next year. But then there is inflation. (Source: Reuters)

China: Weak Factory Data Prompt Talk of More PBOC Action
China’s factory activity continued to lose momentum in November, two surveys showed on Monday, underscoring the challenges manufacturers face amid a cooling economy and prompting talk of further aggressive intervention from authorities. (Source: CNBC)

Switzerland: Swiss Voters Reject Measure Forcing SNB to Acquire More Gold
The “Save Our Swiss Gold” proposal stipulating the Swiss National Bank hold at least 20 percent of its 520-billion-franc ($538 billion) balance sheet in gold and never sell any bullion was voted down by 77 percent to 23 percent, the government said yesterday. (Source: Bloomberg)

Greece: Debt Relief ‘Still Needed’ says Bank of Greece Chief
Bank of Greece Governor Yannis Stournaras has called for a compromise between Athens and the troika in an interview with Sunday’s Kathimerini, while also insisting that the eurozone should provide Greece with further debt relief. (Source: ekathimerini).

India: Factory Growth In November Fastest In Nearly 2 Years
Indian factory activity expanded at its fastest pace in nearly two years in November as burgeoning order books led manufacturers to accelerate output, a business survey showed on Monday. (Source: IBT)

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