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ECB reports differ on the pace of balance sheet reduction

Christine Lagarde was asked today about the ECB balance sheet and responded that interest rates were their many policy lever. She added that they will eventually have a debate about the appropriate size of the balance sheet.There have been varying calls for a faster balance sheet runoff including a report earlier today that some ECB officials are weighing a faster reduction in bond holdings.The ECB holds some 5-trillion euros in government bonds and winding those down more-quickly could be a rep... Read More

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Reports

Differ

Pace

Balance

Sheet

Reduction

Forex

Posted: Jun 28 2023, 17:44

Author Name: forexlive

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