BoJ, ECB Balance Sheets Exceed The Fed’s For First Time Ever – What Happens Next?
zerohedge.com / by Tyler Durden / Jun 2, 2017 6:35 AM
For the first time in history, both the ECB and BoJ balance sheets have grown larger than the Fed’s.
The BoJ’s balance sheet topped the JPY500tn (USD4.48tn) mark at the end of May, central bank data showed today.
Furthermore, the latest data also shows the pace of the increase in BoJ’s holdings has slowed considerably in recent months.
At the end of May, the central bank’s holding was up JPY70.7tn from a year earlier, more than 10% below the BoJ’s official guideline of an annual increase of JPY80tn.
The post BoJ, ECB Balance Sheets Exceed The Fed’s For First Time Ever – What Happens Next? appeared first on Silver For The People.
Source: http://silveristhenew.com/2017/06/02/boj-ecb-balance-sheets-exceed-the-feds-for-first-time-ever-what-happens-next/
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