The EU's third quarter GDP growth missed its target of 0.4%. GDP rose 0.3%, which is down 0.1% form the previous quarter.
Netherlands, Italy and Portugal missed their respective targets by a wide margin. Portugal in fact, remained stagnant with zero growth.
This immediately put pressure on the ECB to intensify their QE.
It will be interesting to watch how the Federal Reserve would react to this latest data.
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