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ECB ready to alter QE if required – Bank of Italy

FXStreet (Mumbai) - Bank of Italy’s monthly report released today showed the bank believes the ECB is ready to change the timing and dimension of QE if needed.

The report also showed the Italian Q3 GDP Q3 GDP likely to be in line with previous quarters.

Moreover, the ECB’s readiness to do more is being priced-in by the German bond yields, especially after the Fed rate hike dropped following this week’s dismal retail sales figure.

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