Can Europe's Economy Handle Russian Sanctions? | Frances Coppola
Forward Guidance
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The European Central Bank's Balance Sheet Is Flat
I think the DAX, the German stock index is something like 10% of its highs that it was before the war. I think everybody's seeing Germany as resilient, even though from my point, a point of view there are serious regentities. So presumably, they are hoping that Germany will weather this storm or Germany's companies, whether this storm. A final question on the ECB. What's going on with the European Central Bank's balance sheet? Is it still easing? Is it going to taper? Do you think it's going to tighten?What's going on there? Well, it's not that easy for the ECB.
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