Published on Friday, May 8, 2015 | Updated on Thursday, May 14, 2015
Monitoring ECB balance sheet expansion
Summary
The ECB's asset purchase programme is running according to the target set of EUR60bn a month. The initial impact on the financial markets has been larger than expected. The forcefulness with which the programme was launched, as well as the resolute commitment which the ECB has subsequently reiterated, are key to achieving the desired effects.
Topics
- Topic Tags
- Macroeconomic Analysis
- Central Banks