3min chapter

The Sound of Economics cover image

Where are Europe's animal spirits?

The Sound of Economics

CHAPTER

Examining the ECB's Balance Sheet and Market Dynamics

This chapter explores the European Central Bank's balance sheet in relation to its quantitative easing strategy and current monetary policies. It examines the impact of the ECB's bond holdings, the consequences of reducing its balance sheet, and the potential market disruptions linked to fiscal spending and long-term interest rates.

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