How Italy's Vote Impacts the ECB

The transcript discusses the European Central Bank's (ECB) current situation, focusing on the impact of Italian debt on the Euro area and the ECB's strategy regarding quantitative easing (QE) and asset purchases. It highlights the discussions around tapering and market expectations, noting that any significant changes would be surprising. The ECB is expected to maintain the status quo until the third quarter of next year.

What challenges is the ECB facing in terms of asset purchases?

What would be the market's reaction if the ECB announced a reduction in asset purchases?