Central banks' balance sheets shrink, yet liquidity remains
The Fed, ECB, and BoJ are shrinking their balance sheets after years of expansion.
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40 %
The Fed's balance sheet stands at 21% of GDP, the ECB below 40%, and the BoJ at 103%
103 %
The Fed's balance sheet stands at 21% of GDP, the ECB below 40%, and the BoJ at 103%
The fact
The Fed's balance sheet stands at 21% of GDP, the ECB below 40%, and the BoJ at 103%.
Liquidity shifts channels, impacting financial markets and cryptocurrencies.
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