A round-up of the key stories across the specialist financial media, including reports that the Fed intends to stimulate the US economy through the purchase of housing bonds.
Dealers see Fed buying $545B mortgage bonds
The Federal Reserve is planning to inject money into the economy through the purchase of mortgage securities, according to bond dealers.
OECD urges ECB to act as euro zone enters recession
The global economic outlook has undergone a serious decline according to the OECD amidst urgings for the ECB to act more decisively in controlling the Eurozone crisis.
