http://www.creditwritedowns.com/2009/10/understand-the-feds-balance-sheet.html Finance, Economics and Markets Fri, 10 Feb 2012 00:37:00 +0000 hourly 1 http://www.creditwritedowns.com/2009/10/understand-the-feds-balance-sheet.html#comment-57433 Anonymous Tue, 27 Oct 2009 11:19:00 +0000 http://www.creditwritedowns.com/2009/10/understand-the-feds-balance-sheet.html#comment-57433 Supporting your analysis is the fact that the ECB balance sheet continues to represent a higher proportion of GDP than that of either the Fed or Bank of England, despite the far more explicit QE policies of the latter countries - see http://blogs.ft.com/economistsforum/2009/10/martin-wolfs-chart-of-the-week-qe/ The ECB has always had to do more to help the interbank markets given its cross-border remit. Supporting your analysis is the fact that the ECB balance sheet continues to represent a higher proportion of GDP than that of either the Fed or Bank of England, despite the far more explicit QE policies of the latter countries – see http://blogs.ft.com/economistsforum/2009/10/martin-wolfs-chart-of-the-week-qe/ The ECB has always had to do more to help the interbank markets given its cross-border remit.

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