Monitoring the expansion of the ECB’s balance sheet (December 2015)
Published on Tuesday, January 26, 2016 | Updated on Wednesday, January 27, 2016
Monitoring the expansion of the ECB’s balance sheet (December 2015)
Summary
In December, the asset purchasing programme failed to reach its monthly target of EUR60bn, and came in at EUR50.2bn. In spite of this decline in purchases, this allowed the average since the programme began in March 2015 to reach EUR60bn. The ECB opened the door to more measures in March, although the ECB’s room for manoeuvre is increasingly limited
Topics
- Topic Tags
- Macroeconomic Analysis
- Central Banks
Tags
- Tags
- ECB
Authors
Sonsoles Castillo
BBVA Research - Chief Economist for Financial and Economic Analysis
Agustín García
BBVA Research - Lead Economist
Miguel Jiménez
BBVA Research - Lead Economist
María Martínez
BBVA Research - Principal Economist
Cristina Varela
BBVA Research - Principal Economist