ECB Balance sheet has shrunk for 1st time since Jan to €7.5tn. Although Lagarde continues to keep

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ECB Balance sheet has shrunk for 1st time since Jan to €7.5tn. Although Lagarde continues to keep printing press rumbling, quarterly revaluation of gold reserves & other assets by total of €25bn has caused balance sheet to shrink by €11bn. Total assets now equal 70% of EZ GDP. h/t Holger Zschaepitz

ECB Balance sheet has shrunk for 1st time since Jan to €7.5tn. Although Lagarde continues to keep

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