Central Bank Credibility In Question

Just like the Fed before it, the ECB was out on Thursday talking a dovish game. The bottom line here is there is no end in sight to the ECB balance sheet expansion despite the recalibration of PEPP bond buying.

Just like the Fed before it, the ECB was out on Thursday talking a dovish game. The bottom line here is there is no end in sight to the ECB balance sheet expansion despite the recalibration of PEPP bond buying.

Video Length: 00:01:31

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