INVESTORS PAY ATTENTION: EUROPEAN CENTRAL BANK TO STOP MONEY PRINTING
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
ECB Stops Net Asset Purchases
Please click here for a chart of the European Central Bank (ECB) balance sheet.
Note the following:
- The chart shows that since the 2008 financial crisis the ECB balance sheet has dramatically risen.
- Investors need to worry not only about the Fed, but also about ECB and Bank of Japan.
- After its meeting, ECB has decided that it will stop net asset purchases as of July 1. In plain English, this means that ECB will no longer be printing money.
June 9, 2022