Monitoring ECB balance sheet expansion (June 2015)
Published on Thursday, July 9, 2015 | Updated on Thursday, July 9, 2015
Monitoring ECB balance sheet expansion (June 2015)
In June, the asset purchase programme was ahead of the set monthly target of EUR60bn, (EUR62.9bn). We still think that inviting speculation over an early withdrawal of stimuli would be both premature and risky, especially in a context where risks deriving not only from the situation in Greece but also from China are giving rise to a high degree of uncertainty.
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Authors
- Sonsoles CastilloBBVA Research - Chief Economist for Financial and Economic Analysis
- María MartínezBBVA Research - Principal Economist
- Cristina VarelaBBVA Research - Principal Economist
- Alejandro NeutBBVA Research - Lead Economist
- Irene Roibas Millan
- Miguel JiménezBBVA Research - Lead Economist
- Agustín GarcíaBBVA Research - Lead Economist
- Diego Torres
Topics
- Topic Tags
- Global Economy
- Central Banks
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