Data Point: ECB Has More Room to Act

I was tickled by the data point that ISI mentioned recently on the various central banks in the world.

Ed Hyman’s shop noted that since 2007, the Federal Reserve’s balance sheet has expanded +165%.

Across the  pond, the European Central Bank has “only” seen their balance sheets expand a mere +70%. Therefore, concludes ISI, the ECB has a lot more potentially a lot more room  to act.

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