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3min chapter
Where are Europe's animal spirits?
The Sound of Economics
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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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode