Monitoring of the expansion of the ECB's balance sheet (January 2016)

Summary

In January, the asset purchase programme (APP), which includes public and private assets, exceeded the monthly objective of €60 billion, with €62.4 billion being acquired, following a significant reduction in December. The ECB opened the door to further measures in March, but the fact is that the central bank has less and less margin for maneuver and effective action

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