Monitoring the expansion of the ECB balance sheet (April 2016)
Published on Monday, May 9, 2016 | Updated on Thursday, May 12, 2016
Monitoring the expansion of the ECB balance sheet (April 2016)
Summary
In April, the asset purchase programme (APP) exceeded the monthly objective of €80 billion, which includes public and private assets, with €85.2 billion being acquired. In its April meeting, the ECB kept both interest rates and non-conventional measures unchanged, along with the downward bias. We are not expecting any additional measures in the next few months.
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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