Monitoring of the expansion of the ECB's balance sheet (January 2016)
Published on Thursday, February 4, 2016
Monitoring of the expansion of the ECB's balance sheet (January 2016)
Summary
In January, the asset purchase programme (APP), which includes public and private assets, exceeded the monthly objective of €60 billion, with €62.4 billion being acquired, following a significant reduction in December. The ECB opened the door to further measures in March, but the fact is that the central bank has less and less margin for maneuver and effective action
Topics
- Topic Tags
- Macroeconomic Analysis
- Central Banks
Tags
- Tags
- ECB
Authors
Agustín García
BBVA Research - Principal Economist
María Martínez
BBVA Research - Principal Economist
Cristina Varela
BBVA Research - Principal Economist
Documents and files
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