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I still thinking the ECB needs to act quickly if they dont want to see more deflation before the year ends so I am expecting NO ACTIONS but a good verbal intervention saying that they would look in december to see if the QE has to be extended or deepened. I am sure they will leave it to december because they are also praying for FED to raise rates and then is like passing the ball to the americans rather than take actions at home....
at least thats what I think :)