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Reading the ECB's Balance Sheet

Two Sheets, Opposite Directions

Both are far below their 2022 peaks. One is growing again and the other is not.

8 min90 XP available4 challenges

Pick the best answer

Over the year to late summer 2026 the Fed’s assets rose $135bn and the Eurosystem’s fell €174bn. Both are roughly €/$2-3tn below their 2022 peaks. Which is tightening?

Answer to continue.