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)
Summary
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.
Topics
- Topic Tags
- Macroeconomic Analysis
- Central Banks
Authors
Sonsoles Castillo
BBVA Research - Chief Economist for Financial and Economic Analysis
María Martínez
BBVA Research - Principal Economist
Cristina Varela
BBVA Research - Principal Economist
Alejandro Neut
BBVA Research - Lead Economist
Irene Roibas Millan
Miguel Jiménez
BBVA Research - Lead Economist
Agustín García
BBVA Research - Lead Economist
Diego Torres