43 days ago • Posted by Martin Boujol
ECB balance sheet hitting a new all-time high
It seems that Lagarde keeps the printing press active day and night. The total assets of the ECB rose by €9.8 billion to a total of €7,120 billion in the past week. The balance sheet now represents 71.3% of the Eurozone's total GDP, vs only 35.2% for the Fed, 38% for the Central Bank of England and 129.3% for the Central Bank of Japan. Time to fear for inflation?
Source: Bloomberg, @Schuldensuehner