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Mersch: ECB may adjust QE pace if inflation overshoots

From news.forexlive.com

Mersch comments in Boersen-Zeitung: •QE had signaling effect on lending •QE decision came at right time •ECB doesn't have exchange rate target •Worsening of Greek economy not surprising •Capital controls shouldn't be dwelled on lightly •It's interesting that he's talking about capital controls. There have been plenty of Greek rumors but they've all be quickly dismissed. If Mersch is openly discussing it, perhaps there is something there. (full story)

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