#ECB has ramped up balance sheet expansion. Total assets rose by a whopping €140.6bn, most since March to a record €7,877.1bn on QE and as banks took more TLTRO loans. ECB balance sheet now equal to 79% of Eurozone GDP vs Fed’s 37%, BoJ’s 133% and BoE’s 39%. h/t Holger Zschaepitz

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