The ECB’s Balance Sheet Is Now The Size Of Japan’s GDP And Stands At €4.23 TRILLION, Making It The Largest Central Bank Holding In The World

The ECB’s Balance Sheet Is Now The Size Of Japan’s GDP:

The ECB’s balance sheet now stands at €4.23 trillion, making it the largest central bank holding in the World. As Deutsche Bank notes, this is the same as the GDP of Japan (€4.3 trillion) – the 3rd biggest economy in the world and a decent distance ahead of Germany (€3.02tn) – the fourth largest.

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