Monitoring the expansion of the ECB balance sheet (March 2016)
Published on Thursday, April 7, 2016 | Updated on Friday, April 8, 2016
Monitoring the expansion of the ECB balance sheet (March 2016)
Summary
In March, the asset purchase programme (APP), which includes public and private assets, exceeded the monthly objective of €60 billion, with €61.3 billion being acquired. The ECB announced a new package of measures in March, stressing that there is room to adopt more, if necessary, preferring unconventional measures over further rate cuts.
Topics
- Topic Tags
- Macroeconomic Analysis
- Central Banks
Tags
- Tags
- ECB
Authors
Agustín García
BBVA Research - Lead Economist
María Martínez
BBVA Research - Principal Economist
Cristina Varela
BBVA Research - Principal Economist