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A few minutes ago, ECB's Olli Rehn reiterated...>

ECB: A few minutes ago, ECB's Olli Rehn reiterated that ECB's role is "not to
support the Italian bond market after its recent sell-off but to set policy for
the whole of the euro zone" 
- Notably sees little contagion and therefore by implication little reason why
MonPol should respond...unless the rest of periphery starts weakening? "He added
that the recent sell-off has not had any significant impact on other members of
the currency bloc, playing down fears that Italy's troubles could spread to
others, like Portugal, Spain or Greece." -all quotes by Reuters

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